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Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.

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Hello there .. my fellow knowledgable stockholders

Here is my take on Gold's future price after a couple of dozen e-mails, a dozen phone calls , and a visit from a financial advisor, and 2 days of discussion with book-keepers and then some more Due Diligence.

Gold is going " Higher". Hopefully you all agree.

Barrick's news came as some what of a surprise and I wonder now.. how much their forward hedging has hurt or held back today's Gold price. I thought they had learned their lesson a couple of years back.. but perhaps it did not sink in.

Now Iwonder just how high we are headed to, as there remains little doubt for me, going forward, that we are in for future increases in the price of Gold.

Canada's Barrick Gold (ABX.TO) , the world's largest gold, will definitely be leading us to higher prices with their latest round of financing announced late Wednesday, because if they don't.... their credibility will
end up in the dumpster.!!!!

Need I say more??

And to those that follow in the same hedging footsteps ... you also will no doubt be well advised to perhaps follow Barrick's lead.

I also hear that there is a possibility that there might be even more to come .

Now .. to all the Cypress shareholders

ENJOY YOUR INVESTING
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