Having been investing for a number of years, I don't think that we have anything to complain about in the way of transparancy. Spider's management team is very willing to discuss via phone or email any question that the members of this board have wished to ask.

The information that they are allowed to reveal is limited through disclosure requirements. They can't say anything to us that should be conveyed to the general public, due to insider trading regulations.

If you want to compare how open the staff at Spider are to a company that proclaims to be a leader in transparency, give CIBC a call and ask them what their remaining exposure to asset backed debt is like. Too bad we don't have video phones yet, so we could watch the 'River Dance' away from direct questions like that.

Spider is doing very well at keeping the stockholders informed. They are 'young' in the game of business, many of them being geologists first, businessmen second. And that is why we had the RS situation brought up at the AGM. It was not a lack of transparency. Although their motives were cloudy, they believed what they were doing was best for the company in the long run.