Cypress Development Corp.

There has been a lot of impatience and/or mistrust expressed, both here and on SH, regarding the slowness in getting to the location we are all waiting for.

Most of the delays to date are actually steps taken to ensure that we actually get to that zone sooner. Consider that they stopped for a bit change at 2666, then did a gyro to determine exact location, then put in a wedge at 2685 to direct us to where we should be, and are now all ready for the final spurt of drilling, which, in my opinion would be best done at 10 meters a day, to prevent any slipups. 10 meters a day will take us three weeks to get through the zone, plus two weeks for results,just as my warrants are coming freetrading. Works for me.

Best regards

K