on bankruptcy:

this is a non-issue

neil novak mentioned the word only to describe asomething:

thats all !!!!!

that's all !!!

i will say it once more: that's all. PLEASE everyone, get this.

jd ...at the time was going on about his disaproval of certain kinds of financing arrangemnts and he heard the word bankruptcy ...and then he asked Neil to clarify.

that's all.

wow ...i am in a rage now ...no i am not ... just kidding:)))

(i am always very calm and collective:))

i did not want to post right now because i must call my daughter up north ...she keeps the polititians on track up there and she always has a good story for me.

but now that i am typing i will say this:

• rules and proceedures have been changed (because of recession) ...so we can do a PRIVATE PLACEMENT under 5 cents now.

• the reason our PP did not go through is very simple: there was not enough interest @ 5 - 6 cents ...but plenty of interest at current shareprice.

• IBK assured us (me directly) that a PP will happen for sure... if necessary, it will be at 3 to 4 cents.... for now we are just holding out, as we try to get a better deal ...maybe 5 or 6.

this made me quite happy.

we must get another 5 million so we can go to town on the big daddy ...and really get firm dilineation of our deposit.

after this ...sometime in the fall ...we most likely will have more than 2 majors looking at us.

it was confirmed that cliffs is talking with us (...and, most probably strata)

• oh yeh, we have assays coming in from WAWA ...there is a big back up at the assay labs.

lastly, i will book a game of golf with Neil so he can explain to me further, why it is a conflict of interest for some directors of Junior Explorers, to own shares:)))

i will post later from my notes

bye for now: danny