As indicated by the previous News Release, SNS continues to demonstrate respect and responsibility toward shareholders in terms of communicating frequently about material events.

In return, I will hold my substantial position despite being under water. The logic of the recent tryst with AOX is a mystery to me and I regret the loss of the capabilities of Tom Fudge, but I admire management's vision, the perseverence shown in executing the tactical (exploration) plan and the drilling results so far.

As for the macro economic environment, that could blow the best laid plans right out of the water. With regard to my PM stocks, I'm taking the anti-panic position: "don't DO something, just stand there". I can't honestly say this position helps me sleep soundly but I stubbornly refuse to sell good stocks at half the price I paid for them (or less).

No investment advice intended, just my opinion.

Good luck to fellow SNS holders.