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SOUTHPEN

08/01/10 4:11 PM

#126 RE: Pro-Life #125

FJ, The company is loaded with talent.I spoke to their field headquarters and talked to a junior geologist that sounded more like a senior.Not trying to give me script.I appreciated that.He said this recent gold discovery,(a side line) is a great prospect but because its under the Lake they have to wait to drill on ice this winter.Brigus gold has a couple deposits close by so if gold is found there will be no problem getting a partner.Canalaskas IR man,Fung I think wihout looking made it very clear to me that they are after Uranium but a gold discovery could help with cash and serve as anti dilutive.