I know some are frustrated, but at this point i'm not sure why?

So many stocks moved up on no news only to be sold on news that didn't match the run up hype. We're trading in a steady range considering the whole TSX.V is in a brutal funk. Just check out the weekly chart for the venture and you'll see how ugly it is.

We're doing fine.

I did have a chance to get a recent update and it appears our chief Geo (John Langton) is on vacation and there is virtually no information or reporting from the field. The drill program should be almost complete and they may be splitting and logging core. The Abitibi geophysics should begin next week for the surface work on the extension to the east.

We don't need a runnup based on rumour or hype. If the down hole IP info is sound then we should see results in line with our earlier assay's. If that happens we will see ourselves in a steady climb commensurate with the value the drill brings to the SP.

look what happened with GNH and CMM. The story drove the price and the drill results and the mill crashed it. I'm fine with how we are moving in a carefull way. If you look at the total trading pattern from last Sept. to today then you begin to see what a strong base we have built in the 10 to 15 cent range. We have very few new shareholders who are upside down or so far out of the money that they are upset. We're in good shape to build.

Our total share float fully diluted is about 87 million shares but in trade are about 53 million. Since the 15th of September 2010 we have traded 47 million shares, or almost all the active shares in the float. That is a very strong new base to build on. In that are a fair number of 5 cent shares that are a tempting profit for some.

I can't see any reason to not be optimistic about or near term potential. We should see assay's in less that two months and a drill program almost immediately thereafter. We also have the cash to complete that program.

Stay cool.......carry