As regards your reporting on Globex Mining Enterprises Inc.(GMX-TSX) You state that we will be only surveying on the new property which may be an extension of the strike of the Tomagold/Iamgold JV property. In our press release we say we will be drilling also on anomalies outlined last winter. You also say that we recently diversified away from gold. We have always been diversified (for over 25 years). In fact our largest and most advanced project is a large talc/magnesia project just south of Timmins.We also have iron, rare earths, lithium, mica, vanadium,titanium dioxide, molybdenum, uranium, copper, zinc, nickel, platinum, palladium, etc., etc. Lastly you say that most of our over 100 properties are under option to joint ventures. Globex only has 2 joint ventures both on advanced gold properties with resources. We have a lot of royalties and in good times maybe 20% of our land packages are optioned out. Options are not joint ventures as we do not have to put money up. The option partners cover all exploration expenditures and pay us cash and shares on top of that. Some of our options are being terminated due to the inability of option partners to raise fund. This is truely tragic as most of the expenditures and effort by our option partners has been well invested. We benifit from the return of 100% interest in the projects and await better times to engage new option partners.