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Message: Update

Update

posted on May 30, 2008 06:03AM

I just wanted to share w/ all of you the conversation I had w/ an Allen Bates from the Red Hills Ecoplex in MS. I called to find out what was going on w/ Silverado's project in terms of permitting, financing, etc... He stated that the project is still very much alive, but 'stalled' as the company continues to search for both government and private financing. He gave me the number for a gentleman in MS that is working on the project, named Hayes Dent.

Given the slide in price and the overall negativity of the last news release, I thought this was relatively good news. I just wanted to know if things were even alive and it appears they are actively pursuing the financing.

Hope this helps.

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