Regarding the GE, if I remember correctly, KXL's original discovery patterns were basically deep and linear and ours were surface and criss-cross. In spite of some comments made by Brian of KXL, that he did not think to much about the two discoveries becoming one, [or words to that effect] he still made the decision to continue to close the gap between those two distinctly different discovery patterns. I found that rather "odd" shall we say. Actually I found it suspicious in a good way because, even though Kodiak did not do the same degree of detail preliminary 'off season' work that Sage did, [SGX did airborne AND ground geophysical] in that area, they nevertheless did do ground geophysics and again decided to further explore the very area they claimed was not that promising. They do not pay geophysical doctors to waste their time and money applying life saving technical work on a 'dead horse'.

We have other promising areas that deserve attention but again if I got it right, we are going to consentrate on that GE area. We will be heading KXL's way. It is a "phase one" 1500m drill program. As was already said, that will be approximately 15 holes at a debth of 100m each. Did the company say that "phase two" [another 1500m] will definitely be 15 more holes @ 100m each. Even if they did, if they hit something very interesting, why wouldn't they chase it to depth. They expect to have the cash in the coffers, [Puma Deal] so again, why not literally 'go for the gold'. Also is it possible that if those criss-cross patterns start to go more linear, perhaps that will show them what both companies already suspect, namely, that their seperate discoveries are indeed part of the same system.

Just some thoughts that are running betwixt me ears.

All the best,

Jerry