RE: REGCOURT ASSAYS SOONGAX held up very well this past week in a troubled market, gold got hammered a tad this week but there is no denying the long term trend. Alot of "very" smart people are 'very" concerned about the direction of world currencies. The Fed`s bag of tricks is running on empty. As we edge closer to an inflationary cycle, commodities and especially gold will recommence the upwards march. Seasonal strength for gold is set to begin, Gallahad hopefully will deliver great results from phase II @ Regcourt.....I think the odds of this are very favourable. Red Ore IPO will go through and add substantial strength to the financial foundation of Gallahad. No doubt the market will notice Gallahad in July as we deliver the goods and outline phase III for Regcourt . I was hoping to touch base with Wayne at IR this past week and share an update with the board, instead I got sucked into going north for work. Any insights on the rare earth property out there??? Last December we saw that NR about expediting exploration @ Kellyn....mind you that was when rare earths were abuzz, they certainly have cooled off with the rest of the market. GLTA....SS