road, page-3

Road update

I emailed Ashley Pattison at Mundo a couple of days ago about the road and he replied that there was no formal announcement to make at this point.

He had met with the local Governor in Brazil last week who confirmed Mundo's exclusion from the park but could not advise a "formal time line" on the release of the new park boundaries.

Thus, no road approval until the boundaries are released publicly.

So...we continue to wait. The road looks good to go but when?

Personally I'm holding. The price of gold looks stable around the $1,500 mark at the moment so Mundo should be able to pay its way for quite some time yet, especially with the input from US investors and good grades from Torrecillas. Might even be tempted to buy some more if price drops below 08c. There is no reason to suspect that MUN will go broke in the foreseeable future, even if the road is many months away yet.