I was told by one of the neighbouring company that they are not going to initiate a drilling program in the area until NOT reports on a significant find. Until then, they plan on conserving cash and acquiring more property. They have had good discussions with NOT but the details are not available. They like the way the new management views potential JV.

O.K...I’m not going to be surprised when news comes out from NOT outlining a new discovery under E1. This should give Mungall something to talk about in BC. After all, he is the one providing the theoretical basis for the exploration activity at McFauld’s. I he believes we have deposits under E1 then I’m willing to bet he is correct on his assessment. On a down day 1M shares seem to be singing the same song.

rosehill