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Message: Still searching for the bottom

Thanks Pete.

I too had an average of 6 cents but the recent purchase of 120K shares at 3 cents brought this just over 4 cents and change.

Now I am riding 200K into the future as the downside risk seems low at this point. The entire market is suffering so patience is required and I agree that a one to two year hold will bring a nice return. One thing that impressed me as I did some more DD before my recent purchase was how tight this ship is run. A look at the Q2 financials released August 27 show that spending is almost entirely on exploration, with management fees and admin fees almost miniscule. This shows me Robin has just as much riding on this (with his 10 cent options) as the rest of us. He is not making money of the back of the shareholders by issuing cheap options and selling paper. This is the main reason I loaded up the cheapies.

Now let's hope the drill results can spark something.

M1.







I was away Friday but noticed that my carry-over bid for 40K at 3 cents was filled. That puts me with 200K at an average of



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