Dear Dundee Capital Markets:

SGR pre-announces Q3 #'s (Nov. 4th), reports Q3 #'s (Nov. 12th), 007 extension results (Nov. 16th), then a spectactular NR extending 007 with improved footage (Dec. 2nd) and...... no research released???

20.9 g/t over 83.7 ft - Also startimg to visualize the Iceberg (deep, deep nuggets)

Appears you (Dundee) own approx 15-20% of SGR and with Scotia controlling Dundee now(except capital markets division), we do not understand why your reputable team has not released any recent research? We look forward to your knowledgeable (not sure if unbiased ) research and request that you provide us minority shareholders with guidance and research regarding material changes of SGR.

Sincerely,

Minorrity shareholder