Penbar Capital Ltd V.PEM

DRILL RESULTS WILL DETERMINE

[wood6411]

    
where we go from here. Plain and simple. The truth machine is never wrong. We can all speculate, extrapulate, pontificate, or whatever, all we want, but until the drill comes up with decent grades and lengths, we are worth what we are.

I know everyone is on pins and needles and like to think nothing more than we have a tiger by the tail here. Me included, but we still must remain realistic here. We are off to a good start, but lets not count our chickens before they are hatched. Anything could happen in this crazy world of speculation.

As for the money, and next PP. Well, lets just concentrate on what we have on our plate at this time I say. Lots of time to conside that next big turning point. Lets give the company a chance to get going on the current drill plan, and prove up what we all THINK might be on our property. One step at a time I say.

When the time comes for warrant exercising, lets hope the share price is much higher then it is today. If so, we won't have to worry about the next round of drilling costs. There will be ample funds coming in from the warrants, and if by chance we produce good drill results in the meantime, you can bet your bottom dollar that there will be financial backers out there wanting to throw money at us.

Relax everyone, and give Mike and company a chance to bring some gold to the surface.

Good luck to all.