Ann: Placement to raise a Minimum of $1 Million, page-20

Hi Eshmun and all,



I’m not sure how you arrive at your assumptions; however, clearly that’s all they are.


Having spoken to the other major shareholders some time back I believe Drake are more than pleased with their around 50% holding and have no particular wish to hold much more than this. I understand they are pleased with Jeff and the current management team and that they are working through the various issues towards the trial mining project.


To answer your question are Drake losing their faith in BBX I don’t believe so, to the best of my knowledge they have supported each of the CR’s including this latest one. Putting one’s hand into their pockets or to say it another way placing one’s money where their mouth is carries a little more weight in my opinion than baseless offhanded comments.


Best wishes for the Christmas holidays to you and all the contributors on these threads and good luck in finding your next big winner.



Cheers and very best regards: Andy