RE: Questions?"155,443 gross acres (6 3/4 townships) located in the Pasquia Hills oil shale region in Saskatchewan." --- "The Pasquia Hills oil shale permits are located in the Carrot River area of east central Saskatchewan. It is believed by oil and gas operators in the area that the Pasquia Hills region has prospective oil resources of more than of 7 billion barrels of oil. There are several oil and gas companies working actively in the immediate area, including Oilsands Quest who are developing an oil shale project which has proven reserves of 2.4 billion barrels. Goldnev believes the quality and magnitude of its oil shale property is equal to or better than the surrounding projects under development."