The PEA was great news, it was just down played by Rosseau by suppressing the SP. Even Genuity was impressed with it, considering they are siding with Rosseau, that says alot! Our current SP based solely on E1 ONLY should be OVER $3.00!! That is one hell of a blockbuster announcement, yet in this market...it simply washed away and was not respected at all. If liquidity was not at such a premium right now, you would of seen more institutional buying after that kind of news. Institutions may also be waiting for the results of the proxy war. I am looking forward to the later part of next week, after the proxy vote is announced to see how the SP reacts...I do not think we will see $0.60 again.

Glorieux