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Thursday, March 16, 2006 3:01:47 PM
I just got off the phone with Mr. Parkin. Interesting to note his parents are from the Ukraine, (Russia at the time, sounds like a Wayne Gretzky story), they immigrated to Canada prior to his birth. Because of this he has maintained a casual interest in the Russia/Ukraine area.
He is fully aware of the costs involved in purchasing equipment for each site. Priargunsky and Salairskiy apparently have milling and smelting equipment sufficient for their needs. It will be bulldozers, draglines, trucks, and moving equipment that are needed. The Japanese are now entering the picture and may squeeze out the Germans.
He said financing equipment or partnership are very viable options for them. IMO a partnership will be reality not conjecture.
The release on basis given for the Klyon Maple mine will be forthcoming shortly.
You can hear the phone ringing in the background when talking with him far more frequently than the past several months. He is getting to be very busy. He has cut short my last several conversations for meetings. He mentioned that he would be working all weekend on the Website. I stated that they were very shorthanded, his retort, you realize I am funding the office costs and we are a bit short only here in Canada, the Russians not shorthanded.
He mentioned that most news presentation of Russia in the West is negative. He reiterated how easy the Gov’t is to work with and how his partner called the Russians punctilious. Very prompt with promises and honoring their “word” with actions.
I queried him regarding his feelings on being on the SHO list. He still has no worries. He said they didn’t want to artificially pump up the stock price until everything to sustain it was in place. When they start making announcements, the shorts will cover because of the value the company provides.
I remain very optimistic,
Airdale
This post is an opinion and should not be considered reason to buy or sell any security, or to besmirch, belittle or berate any person, religion, cult, creed, race, sex, political party, company or company representative of any age or appearance.
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