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Message: Re: Carotare news release

Mar 10, 2010 02:42PM

Mar 10, 2010 04:29PM

Mar 10, 2010 05:04PM

Mar 10, 2010 05:27PM

Mar 10, 2010 05:37PM

Mar 10, 2010 06:58PM

Mar 17, 2010 12:53PM

I think they were about what was expected, i.e. insignificant. I wasn't expecting any massive resource increase and that is what we got. If anything, we know that there is at least a starting point here for further resource discovery at Carotare in the future.

Nothing has changed in the long term direction of the company. For now, we await the PEA and further supportive gold prices. Remember this is a long-term play on future higher gold prices and I would be personally very disturbed if a buyout offer was accepted anytime soon at today's gold prices.

Hysteria

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