Portfolio Holdings

Bronco Energy- 16%
Ithaca-10%
Excellon Resources-9%
Northern Star Mining-8%
Cinch Energy-8%
Bandara Gold -4%
Claude Resources-4%
Baja Mining Warrants (Expire Apr 2009)-3.5%
Celtic Minerals-3%
Avalon Ventures-2%
Canadian Zinc-2%
Calvalley Petroleum-2%
Yukon Zinc-1%
Resverlogix-1%
Glencairn Warrants-Expire Nov. 2008-1%
Kinross Warrants- Expire Dec 2007-1%
IMA Warrants-Expire Sept 2009-1%

Portfolio Value is $60 000
Members Share Value is $3400 plus cash in the bank=$3500 (My guess)