Old Joe,

I have been anticipating your response to my post and always appreciate your views. Anything offered from the media and press is always taken with a grain of salt and I make my conclusions from a variety of sources to weed out the wheat from the flack. We know NOT is a great investment but is seems it is not totally accepted as fact until we prove it up. Nemis is taking the approach to do JVs, drill as fast as possible which all takes lots of money and we do not want to be digging for pocket change when it is time to make these financial decisions. I have faith that he had very good reasons for doing the PP and has the information which we are not privy to, in making those decisions. That of course is my view only for consideration of all.

Notie Girl