hello franz,

    regarding your question below:

***The release includes the info that a large amount of the outstanding warrants have been exercised.

 Anyone have any thoughts on this being responsible for the selling today (i.e., profit taking)? ***

     Franz, my take on the news today regarding  the warrants is that it relieves a lot of pricing pressure going forward.  the news and converted shares are out in the hands of traders now.   our base is firmer.

 It might have had some impact today in the respect that the investors who converted in the last 2 weeks were waiting for the next big news release and basically were going to sell into the release regardless of the news (since they would have volume).  Thus the market makers knowing this, picked their pockets. 

todays news release was good news.  things are still on track.  numerous others have already noted that their were several excellent insights revealed in todays news, ie hole #12, the # of warrants converted already, the amount of land staked for claims, etc.

as always, do your own homework,

be right and sit tight.

regards,

jeff