NET.v starts drilling Jan. 15th

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Sorry to those that did not get in on the PP. I do
apologize. But if you are already long I think you will like
the out come here nonetheless, especially now with a few
big brokers on to this story.

The PP was much to small and way oversubscribed but I am
glad they did it that way. They have no reason to issue stock
@.13cts ahead of any news. However sometimes you have to
line the pockets of a few big brokers before they plow in more
money to your stock. If we can get Canaccord on ourside
and yes they now are then this promo could get very
interesting. I have come up with a list of what we have
going on here over the next month alone.

1. PP closing
2. Pistala results due
3. Caldera drilling begins with results to follow
4. Vancouver Gold Show
5. European tour to promote company

As you can see these guys are going to be very busy the
next few weeks. No question it sucks that they issued cheap
shares to the brokers and those lucky few. But when all is
said and done it will be worth it for the longs here. I really
believe that once this one gets going it will hit $1.00 plus.
Everything is coming together and management is working hard.
See you on the tape!

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Network drills at Caldera, sends Pistala samples to lab




2008-01-17 12:44 ET - News Release Mr. Alexander Helmel reports
CALDERA DRILLING UNDERWAY & PISTALA UPDATE
Network Exploration Ltd. has started Caldera's 1,500-metre reverse-circulation drill program as scheduled.
Results from the company's 2007 trenching and sampling program identified a number of gold and copper anomalies on the property. From these results and historical induced polarization data, six locations have been chosen to test subsurface mineralization to depths of up to 250 metres. The drill program is expected to run until approximately mid-February.
The Caldera project is located in the mineral-rich Huasco province, in the Atacama region (region III) of Chile. The property is approximately 150 kilometres northeast of the city of La Serena and consists of 17 mineral concessions covering 2,400 hectares at elevations between 2,500 and 2,800 metres. Highlights from the company's recent trench and test-pit program indicate widespread near-surface copper averaging up to 0.48 per cent copper over 10-metre lengths with 150 metres of 1,921 parts per million copper, 180 metres of 1,628 parts per million copper, 170 metres of 1,311 parts per million copper and two 35-metre sections averaging 0.43 gram per tonne gold.
Pistala update
The first phase of exploration led by senior geologist Marco Fernandez-Concha has been completed and 96 samples have been submitted to ALS Chemex Laboratories in Lima for analysis. This initial phase of exploration was designed to provide a general understanding of the geological features of the company's 1,600-hectare project in southern Peru. Results from this program will be used for subsequent exploration programs.
We seek Safe Harbor.

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A lot of bids coming in this morning.
Rumours are swirling that the Pistala
samples had to be retested because of
the value. I remember when this happened
with ARU.v 2 years ago. Hopefully we have
a similar reaction here after the results.
Obviously someone knows something here this
morning with all these new bids. Could be
an interesting day ahead of us.
See you on the tape!
CdnxTracker

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Network Exploration 3,846,154-share private placement
2008-02-01 16:35 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 8, 2008.
Number of shares: 3,846,154
Purchase price: 13 cents per share
Warrants: 3,846,154 share purchase warrants to purchase 3,846,154 shares
Warrant exercise price: 18 cents for a one-year period and 28 cents in the second year. In the event that the company's shares close at 45 cents or more for 20 consecutive trading days at any time after four months and one day from closing, the company may accelerate the expiry date of the warrants by giving notice to the warrantholders and in such case the warrants will expire on the 30th day after delivery of such notice to the warrantholders.
Hidden placees: 61
Pro group participation: Li Zhu, 20,000
Insider participation: Alexander Helmel, 50,000; Richard Schnoor, 106,514; Ken Thorsen, 50,000 Finders' fees: $31,532 cash payable to Canaccord Capital Corporation; $2,925 cash payable to Union Securities Ltd.; $878 cash payable to Global Securities Corporation; 4,500 units (each unit comprising one share and one warrant, each warrant is exercisable at 18 cents for a one-year period and 28 cents in the second year) payable to Kevin Boduryan