Ann: Key Exploration Update Juma East, page-42

I would love to make a few comments on the other observations you have on your post, but this is, short term speaking, the most important.

I totally agree with you. With a high probability, we, small holders, will not be allowed to take part on a share raising. That will be for Drake & Friends and also, eventually another soph.

And Drake is a problem we cannot remove, also. They will probably want to have a say on the on-going operations, and for sure they won't want to be diluted in a capital raising. We have to live with them, and, for now, their interests are coincident with ours. For the time being, that's fine.

With that in mind, I have serious doubts about BBX ever turning into a producer. Drake is a financial company: the sooner they multiply their investment, the better. I don't know what's on their mind, even if some here believe I'm on their payroll. But I bet they would prefer to sell the company to a major. Not that I mind, if the price is right...

Best Regards,

The Alleged Drakeman