Peru Mining

[amarksp]

Thanks, that Raymond James dump may well be what happened...

There are only 2 things we need worry about:

1) Tinka raising cash via PP anytime soon... But a 6 hole 1,000 meter drill program just ain't going to cost much and TK cash burn rate @ $150K per quarter is extraordinarily low. TK has $1.5M cash in the bank as of 6/30/05 which is sufficient.

2) Tinka not delivering good drill results. This we had better worry about!! Could go either way...

Continue to think TK is a good speculation, Luminaria appears to be a good prospect and if it weren't then why would they be acquiring more land... And these guys are an admirable bunch of cheapskates, $150K/quarter burn rate is cheap especially vs. potential reward if they get decent drill results... Comparing August to September news release shows no change, i.e. still expecting to start drilling in late September...