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Message: Read Between the Lines....June 2009 Fact Sheet

I couldn't agree more about the need to deliver ounces on the 43-101. An additional 600,000 from the high grade hinge and mayber another million indicated from the main mine and the cartwright. This is probably why the 43-101 took so long to deliver. We have learned that cores over 1 oz. per ton are not accepted as more than 1 oz. and that is why the ramp to the hinge was so important. It was only completed in April as I understand. It then would require mining and milling. The mine itself had issues as we have recently read, electrical upgrades are required and parts are slow in arriving. This problem has led to unreliable hoisting capacity. So this problem might have led to an insufficient amount of ore to prove the deep high grades, and they might need to use indicated and proven numbers for there. The cartwright had no cores over an oz. so maybe we will get proven number from there. Lower grade but lots of ounces. Now we have another zone (cohiba ) to speculate on.

I feel management has actually done a good job for us investors that want to stay for the ride. Without the hinge we were on our way to a mediocre mine with financeing problems and an uncertain future. They have taken a gift horse(hinge) and ran with it full steam. I don't know how long it should have taken, however I feel that to dig that ramp and keep this ship on course in an uncertain economy that we are now facing has been an admireable accomplishment. Don't forget the skilled labour shortages and the tainted history of previous ownership.

I am willing to cut them some slack. Warrants are dealt with, 43-101 is on the way(please be a good one), blue sky potential with enough money now to become self sufficient with no more dilusion. I do not believe they would be doing some of the latest promotion if we were to get a disappointing 43-101. They would have waited till after the 43-101 and then a promotional campaign of excuses would have been required. IMHO

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