Feb. 16/09

Good day to all. I hope you’re having a good weekend. After emailing you the last Whisper, later that day I had the pleasure of speaking with two gentlemen; Kevin Hull, from the Hughes’ Group, and Don Huston, president of Cypress Development Corp. Both had some very interesting information I would like to pass along to you.

According to Kevin, three of their properties are currently being drilled. 1. The Langmuir (GCR), in an effort to better define a nickel resource and prove they have a district scale kambalda style resource. They already know the deposit is large enough to be economic and be put into production(unofficially). This could be done in as little as two years, so sources say; at which time nickel prices should be much stronger.

2. The Loveland property (AGX). www.amadorgoldcorp.com/s/Loveland.asp. This property hosts 2 known cu/ni deposits, 1.5 kms. Apart, which is now returning high grade gold results. 6.37g/t over 8.5mts., and 2 grab samples further south of the new Loveland zone of 9g/t and 11.48g/t. The deposits could be linked, or merely part of a mineralized trend. And the third drill program is on the much anticipated Byrd property, (COD) . Kevin did remind me, that one drill hole does not constitute a program or final results. It often takes many holes to vector in on a target. The analogy of sticking a pin in your livingroom carpet and trying to hit a nickel, comes to mind. So don’t be discouraged if the first attempt is barren. Stock prices could double once word gets out they are drilling, poor results will bring it back down, positive results could cause it to double again. On Jan.30/09 Richard Hughes exercised 444,444 warrants at $0.045.

Kevin also mentioned another one of their companies, Abitibi Mining, (ABB), which most of us on the mining trip last fall were very excited about, due to a couple of their prospective holdings. They are aquiring another property of merit, which management is quite thrilled with, called Tanahill (spelling may not be accurate), in the Kikland Lake area. This property boasts 2 parallel gold zones at 75mts. depth, with 5.16g/t over 5 mts. And 7g/t over 7mts. These are the same grades and in the same rock type as the Harker/Holloway and Holt-McDermott Mine’s property 16 kms. to the north. The grades actually appear better and at much shallower depth on Abitibi’s property. The mineralization appears to widen at depth with increased grades.

The Rainbow property should be signed soon as well.

The management team from the Timmins office is presently presenting to a number of brokerage houses in Toronto, and a recent financing has put $1.25 million in their treasury.

Don Huston, president of Cypress Development Corp. (CYP), is quite excited these days, as his company is almost completed a major drill hole on their very prospective Broulan Reef property in Red Lake, On.

www.cypressdevelopmentcorp.com/s/Ima... . This map will give you a good idea of where their property lies, relative to all the land Goldcorp owns. Goldcorp just recently bought out Gold Eagle, on their north boundary, for $1.4 billion. Goldcorp also bought $2.5 million worth of a pp put out by CYP last spring. Goldcorp is also reviewing Cypress drill data, and loaning Cypress their geology team, to assist their drill program. You will notice how the mineralization runs through Gold Eagle, down the Bruce Channel, through CYP property, folds and runs out to the east onto Goldcorp’s property. Eagle Corp drilled 150mts. From CYP’s border and had visible gold in core, with grades unconfirmed, in the neighbouhood of 20 to 40g/t.

The drill is in the same rock type and faulting as the Eagle core, at a depth of 2,100mts. Yes, deep, but typical of this area where Goldcorp is already in production.

“Two of the main gold producing trends in Red Lake converge on the Broulan Reef property. The property is located at the southern extent of the East Bay Deformation zone and at the west end of the Mine Trend Deformation zone that is host to the Goldcorp Red Lake Mine and Campbell Mine. The resulting structural complexities are likely to have produced numerous favorable depositional settings in this "gold prone" section of the Red Lake belt.” Taken from CYP website. Core could be analyzed and cutting begun in the next couple of weeks. They currently have $4 mil. hard and $2 mil. flow through in the bank. Options were granted to all directors this month, which is generally a good sign, and often happens prior to news running up the price.

Noticed that Jim Gillis, pres. of Navasota, (Nav), purchased 200,000 warrants at $0.25 last week. Another director also purchased 100,000 at that price. We’re still hoping for a buyout, who knows how long it could take, between $1.50 and $3.

That’s enough for now. Don’t forget to open your TFSA accounts, and use them wisely.

Have a great week, Dale.

DISCLAIMER

The information is not intended to provide investment advice nor recommendations to buy or sell securities. Please do your own research before investing. While I do my utmost to provide accurate information, I provide no guarantee of any sort. I do not accept any responsibility for any errors or omissions. Finally, I accept no responsibility for any outcome resulting from reading my newsletter. Investing can be a life-altering event. Take the time, and do it wisely.