Evidence based speculation, page-106

Hi Midnight26 and all,

Correction, 44m@54g/t.

I didn’t think that this result was that shabby either but apparently you can’t please everyone.

The delays with the final Brazilian government approval are disappointing, however, I understand this is not impeding the other work being done by Jeff and the team. I don’t believe there are any historical sites on the leases that will affect the eventual granting of the environmental licence. I further understand that once this last item is signed off on that everything else is set to go.

All being well the trial mining should commence within this calendar year and we should be due some drilling results in the near future. I understand that things in Brazil almost shut down during the recent soccer World Cup and that a truck drivers strike was also another problem.

I notice the web site has not updated the top twenty listing after the last shares where issued (CR) but I don’t expect this to change the overall picture other than for the shares to be slightly more tightly held.

Cheers and very best regards: Andy