Langosta, Great idea. Terrific Letter. A BIG Thank You!

Did u mean to leave out the 2,399,000 Options @ $4.60 they granted themselves 16Jun08 which somebody said were issued 3 days prior to discussions.

I know there'd be no end to your letter if u included all the questionable events but the Options are of particular interest.

These are interesting too but you'll use up an entire Day's Publication. :

The balance of the ppty which PA said looked ???

Was the Class Action Suit of Warrant holders mentioned in the material sent out. Somebody confirm pls as I haven't opened mine.

The following taken from Ragusa's 13Aug08 09:33PM Post. You may want to refer to PA's opinion re value:

Comparable Transactions

Transactions over the past 10 years involving juniors with undeveloped gold

resources. The average acquisition cost since the Dec. 2005 and the +US$500/oz gold price

environment has been $132/oz with a range of US$91 to $227/oz. We believe in the current

gold market that Aurelian should be able to command the mid to high end of the $/oz valuation

of + $150/oz to $170 per recoverable ounce.

PATRICK SOLD FOR $ 60 /oz IN 2008.