Hi Fantomas;

What is of particular interest is the number of targets that John Langdon has identified. Although our last drill results were nothing stellar, they did provide very valuable information to the geologist. We are back to using old, tried and true methods for evaluating drill targets. The fact that so many are of interest to warrant drilling so many holes in one program is quietly encouraging. Regcourt has produced some very solid numbers going right back to the 50's. Getting back to basics will prove a solid move forward in determining whether this is a possible mine site or a dud. One gives us huge upside and the other can't hurt us much worse than we have been. We are not a one trick pony in that there are several other projects to shore us up if the latter is the case.

I like options........not dead ends.

Good upside from here with limited downside risk.

PC