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Message: I had a chat with Frank Candido tonite

after the markets closed. He was not in a good mood about the share price but seemed to know who was selling. He thinks they are now out of shares and should be done.

I asked if there is anything for us to be nervous about. He said absolutely not. We are sitting on a massive, massive amount of gold.

I could tell that he was frustrated about our share price and that made me feel better. I have talked to too many CEOs who take a completely careless attitude towards the share price and justify it by saying they have a company to run and that they cannot worry about day to day fluctuations in the share price. Frank Candido is not that kind of CEO and I felt very good about where I am even though this was a tough day for the share price.

I believe Frank will do what he can to turn this around as he gets it. He and his family own alot of shares, apparently, much more than what we see on the insider report. I like to see a CEO own alot of shares and not just loaded up with cheap options.

We will see what tomorrow brings but my gut feeling is we bounce back from today's action-at least I hope so because I would like to feel smart again!

Glorieux

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