Dear Shareholder,

Thank you for your inquiry. Please see the following responses below:

1- Does the company have a shareholder protection plan [poison pill] in place at this time?

NO, it's very premature, we would announce in a PR if and when this happened.

2- Does the company have any confidentiality agreements in place at this time? [I know they can't say with whom if they do

NO, it's very premature.

3- What M&A activities are presently underway?

We are always in acquisiton mode and would announce via a PR accordingly. Nothing to report at this time.

4- What is the budget for the 2008 drill program?

$6 million

5- Will SGX conduct a share buyback program?

NO