TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Message: M

Re: M

in response to by
posted on Apr 16, 2010 01:23PM

"The market is telling you this was a HOAX from the start-- exaggerated drill results."

No, dorje, that is not what the market is saying at all.

The market is saying that this high risk exploration play is not panning out well, has not proven any economic deposits to date, and may not in the future. The risk has become higher because the market had a lot of misplaced optimism placed on the Golden Mile, and that is gone. Where we go from here is uncertain.

Beyond that, you are certainly free to believe there was misrepresentation made by the management. Based on some of the statements they made in the past, I would even agree with you.

However, you said: "The reason for the great initial result was horizontal drilling". You said it here twice. You said it on that 'other' Board. I'm not disagreeing with any of your sentiments or opinions - except THAT one. That goes beyond misrepresentation. It would be a criminal act. So I say to you again - what proof do you have of this criminal accusation?

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