$ Junior Mining and Exploration $

[marketphile]

Spoke to Merle today

They are close to finalizing the drilling contract for zone D. It's definitely going to happen this season and then we'll have *proven* resources, probably close to $10B worth (counting the niobium, tantalum and REE's). Again, at a current market cap of about $10M, that's a proven-resource-to-cap ratio of 1000-to-1, and that doesn't even take into account the billions of niobium and REE's in the east zone.

The audit process continues and will probably be done by the end of August, but it will take as long as it takes. Then they'll get off of the pinks and onto an exchange were Canadian funds can start to participate. A PPS of $0.017 is a rare gift (if one has the patience and guts to step up). Anyone else buying? :)

Take care!