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I feel no need to justify my recent post. Those familiar with my posts know that I post objectively and think that all information should be discussed- the good, the bad, and the ugly. Or in this case, the uglier than expected. Take a look at that post- I wasn't just pointing out the ugly stuff that we knew would be in the 10Q, I specifically stuck to the unexpected information, all of which happened to be negative. Not paying the bills- We knew they weren't paying JMJ, but in arrears on almost every debt? Including the mortgage on the mill property? Issuing shares so they can lend money to GHDC to pay PQ's exorbitant and undeserved GHDC compensation, rather than having GHDC issue the shares? Not processing any ore in the first six months of the year, despite PRs promising monthly production of dore? This was all new and unexpected, and needed to be pointed out. Again, I was just the messenger- if that information pisses you off, and it should, blame PQ, not me- or better yet go to the SHM and tell him what you think.

As Hurricane Rick said, the filings are the most reliable source of information, because they can't lie and fudge the facts as they routinely do in the PRs (not to mention rumors). Ignoring the filings while swallowing the rumors whole can be deadly to your finances. This is not to say ignore the rumors, which this time I think are pretty solid, but until we get official confirmation they are still just rumors. I look forward to discussing the positive events I think are coming when they are officially announced.

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