RE: Berkley – future doubtfulThe Nature of Operations and Going Concern Note you mention was also in last years Financial Statements. The Sept.30/97 Interim Statements filed on SEDAR on Nov.29/07 state in Note 10 page 13 that the Company is still short $950,000 in exploration expenditures renounced to investors under the tax flow-through look back rule and that the Company has until December 31, 2007 to incur the expenses. With only $160,000 in the bank, it's unlikely the Company will meet the deadline. If the expenses are not incurred, the Company must issue an amended tax receipt reducing the amount previously renounced and the investors will be required to amend their tax returns. The Company will receive significant penalties and interest charges. The Company raised another $1,400,000 in flow-through funds this year but only $242,000 in general working capital. The management and director fees of $252,000 exceeded the amount raised in general working capital. So where is the money coming from to continue operations? The bottom line is that we'll see more selling off assets and/or borrowing more money to raise enough funds to clean up the financial mess this company is in.