First Asset Morningstar Emerging Markets Composite T.EXM.A

correction Hochschild...not penoles

[soccer57]

Money should start flowing to the company from the Moris Mine in Q1 which should start allowing us to get our drill back from Horschild and start drilling our other projects.' quote ...unquote Is this what happened to OUR DRILL that was supposed to drill OUR 100% owned properties Hochschild who probably has 30-40 drills of their own is useing OUR DRILL on the jv property?? I hope this is not correct. Any comments? Thanks Best wishes Soccer long since 02/2005

[OilSandSam]

Better do a little more digging. Hochschild has only recently become involved in Mexico, they have mostly been focused in Peru. With the ventures they have, I doubt they are anywhere close to having any 30-40 drills. Besides, with them using our drill, it allows us the opportunity to keep it captive without actually having to be at the controls. As long as it's working, I don't see where

[soccer57]

Sam said `Besides, with them using our drill, it allows us the opportunity to keep it captive without actually having to be at the controls. As long as it's working, I don't see where it matters much where it's at.' It is better to have the drill working on a project that we own 100% of ..... not a project that we own 30% of. Best wishes Soccer