As for the EIS, it is my understanding that work does not have to be stopped while a new EIS is being done. If the old EIS was good for 2 years, then May 2013 was when the old one expired. A jon doe interview awhile back had Harold Waller saying the EIS was being looked at then, so I thought that should have been done by now, or at least it would have been prudent to initiate the required EIS work long before it ever expired. I am totally not happy with what this releases is saying and it further lies in the incompetent area for me, and further justifies us shareholders wanting management changed.

The way the NR is written, not really saying how the financing would be done, ie, cash influsion, PP, debt instrument, or perhaps the sale of properties.

I question the legalities of management being able to sell a core holding of ours without a shareholder vote. The Cueva Blanca has an estimated resource, only considering a small part of the property, of a couple hundred ounces of gold, to sell this property for $100,000 is ludicrous! There is definitely no reason to sell this property, and definitely not at that price! The Cueva Blanca has the possibility of being a company maker on its own, as does any of the Peruvian properties. If $7000 per day would not have been spent on travel in the nov to feb recent period, there should be no need for cash. It appears we are continuously getting exploited here, with all regulators and so called assigned protectors of investors sitting on their asses. Its a total disgrace, the dummy system set up to supposedly protect shareholders. We already lost part of the Carmi, and now a proposition to lose the C.B., what a joke!!!! But this is ok, there are many reasons under the negligence act and others that will help in the future.

A legal system that apparently is against shareholders, allows for us to be taken advantage of continuously.

A property next to Lori,s house in B.C. just sold for $4 million, let her take another mortage out, or a new one on her valuable property to cash up our kitty, the shareholders have been pounded enough here.Let these big money directors or even other close connections to management cash up the kitty, put their money where their mouth is! Perhaps its time management starts feeling the pressure of losing things here to help save this company, I know the shareholders have lost much, with Lori contributing to a falling SP by continuously selling stock on the way down. You don,t see a competent and prudent CEO doing this type of thing, adding more pressure to the investors.

Why don,t Lori and management give this company to shareholders, and just walk away. We can easily raise the money, and they have their shares that would undoubtedly do well once the Green Team got in there and straightened things up. In the long run, this would be better for current management and all involved. Labour is very cheap in Peru, plus we have the untensils to mine very quickly, putting a revenue stream easily into the company.

The POG will soon rise, perhaps getting back to the $2000 level or beyond. With an estimated 200,000 ounces of gold in the ground at Cueva Blanca, a buyer should be able to pay $500 an ounce for this estimated resource alone, which would be worth at least $10 million , thats are far cry from the proposed $100,000.To put that amount into perspective,it could be worth around .08 per share right now, instead of the nothing shareholders will get. The way option agreements were drawn up, we lost the Beaverdell to Intigold, for you might as well say $`10, where is this blatant exploitation gonna stop!Beaunaventura was interested in this Cueva Blanca property, see my post from yesterday, and we have heard nothing since a year ago on this. The confirmation samples seemed to have supported the historical data, so if Beaunaventurs was interested BEFORE the confirmation samples, they sure as hell should remain interested now and further shows the potential of the C.B.

IMO