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Re: None

Tuesday, 03/21/2006 3:37:36 PM

Tuesday, March 21, 2006 3:37:36 PM

Post# of 115222
I've been in contact with Mr. Parkin. I specifically made note of the eroding share price and confidence that have dropped in lockstep. I expressed concern for shareholders that may have purchased in the .10/.20 range and were under great duress to preserve capital buy selling in the current range.

His reply, the company’s assets are considerable and the debts are minimal. It is understandable that shareholders become impatient and this drives them to sell resulting in a lower stock price. Nevertheless, if a shareholder has some foresight, it is evident that the assets will not deteriorate but will increase in value due to both the world economy and the newly developed appetites of India and Chine for gold and minerals.

He remains calmly confident and reiterates everything we have been hearing for the past several months.

Am I happy about the current share price? Since at its apex price I was up over $140k and am now near level, nope. I summarized what I feel are the weaknesses and strengths yesterday in post #3526. The reasons I remain holding are those strengths. The market segment gold and silver, ounces held 7mil and 35 mil, the demand for said assets is rising and spring is just around the corner in Montreal and Moscow. I expect a thaw and rise in price and attitude. I still think patience will be rewarded.

AIMHO
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.