It was a small meeting of eleven with six people from the company.

The explanation we got as to why some shareholders didn't get their proxy forms was that the company that is tasked with the mailing didn't get them out in a timely manner because of a mix up in the requirement of all companies to prepay their services.

57.5% approved the stock option plan.

55% approved the repricing of the options.

The management was made aware of the feelings of shareholders that it was too much dilution but they responded that by venture exchange rules the price could have been .15 and they are planning to keep a large portion in reserve for future considerations to new directors or new employees.We can expect a written explanation on the web site soon. If it doesn't show up soon call them until it does

I asked about the new anomally drilling and they don't have the results but the core sample from the first hole did have a lower grade of moly but it was deep and was simlar to other holes in Chu. They will get all the cores in to the assay lab and hopefully have the results by the end of January.

They are slowing down the drilling pace and spending more on the engineering side. The BC government hasn't paid them the 1,000,000+ it owes them but they also haven't included it in their cash on hand.

They have bought and cancelled 816,000 shares.

My own opinion is that we have honest management working for the betterment of the company and I will be keeping my shares for the future.