Callinan Royalties Corporation CCNMF

News' Release

[AARMY]

Although postive, the more I look at this company the more I realize how long term this play likely is. More drilling: GREAT. By the time we find something of value, prove reserves and prove it to be economically mineable we could easily see another year or two go by. Without a "law suit" or a sale of War Baby to HBMS or OTZ we will be stuck in this range for at least another year. I'm still holding but likely holding for alot longer then I first thought. Cheers