The recent MD&A, posted on SEDAR on Oct 13, makes for interesting reading. But, I am not quite sure what to make of it. It does nothing to allay my fears that something is not quite right, and the continued silence of the management on this issue only add to this unease.

When a company states that it is doing "confirmatory testing" on a process, then that usually sounds alarm bells. The obvious conclusion is that the process does not quite work as has been stated, hence refining of the process is needed. Maybe I am completely wrong, but this is what my suspicious mind thinks. I also find it strange that Hatch is now directing the testwork. This is a fairly sophisticated process, and I would have thought that the developers of the process would have been running it. In my experience, the engineers take over once the flowsheet is completed, not at the "confirmatory" or "refining" stage.

All this to say that I am quite confused by the statements in the MD&A. They are certainly not reassuring, and as I have repeatedly said, we need, deserve, a proper update from management, and the markets would seem to agree with that. Starfield needs to give an unequivocal statement as to what it is actually doing, what it actually IS. Surely, the metllurgical extraction process is its bread and butter, and in these difficult times of short money supply, I repeat that chasing after diamonds and the like is foolhardy. The markets are certainly highly unimpressed by this. My contacts suggest that what they want to hear is the next phase of the metallurgical process, and currently, we are not getting that.