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Friday, 05/19/2006 6:24:58 AM

Friday, May 19, 2006 6:24:58 AM

Post# of 56764
EMAIL FROM PEARL: pearl emailed some answers to some questions shareholders have asked, DUMB INDIAN, she said she will look into what you wrote that i emailed her, ill let you know as soon as i hear something........i want you to know that there is no hard feelings for our previous posts :)...

One more issue has now surfaced and someone put this on their post on Ihub. Its the mining contracts that are issued by the Philippine government. The 6 year contract that is imposed. The 60/40 arrangement if they don't receive 50 million dollars at the end of the contract.


What is that about $50,000,000 at the end of 6 years?

I do believe that what you are referring to perhaps, are for those mining companies who are just coming in to explore our country this year.. as it had proven the "Philippines is #2 in Gold Reserves"..second to Africa..

Pearl Asian has been grand-fathered as far as I know..if this new rumors are spreading out...(The shareholders should not worry..as worrying will get you sick).

These are the facts: ( As Pearl Asian is already 3 years ahead of this new ruling if this is the case)

1. Pearl Asian has already made all the necessary applications, fulfilled all the requirements since 2004 and are on file.

2. Pearl Asian is just awaiting for the final approval of its big mining scale permit (MPSA) on over 1,800 hectares of mine sites..

3. Pearl Asian has a permit SSMP issued since 2005 for the small scale operations on the 20 hectares of the XYZ Gold Mine site..

4. Pearl Asian is completing its second SSMP in Mindanao Gold Operations.

Can you or someone put all this stuff to rest? Its a challenge to go to the boards everyday.

Why go to the board??..

You have done your duty to contact me personally! if you visit our site: www.pearlsianmining.com see the Investors Presentation Page..and the rest of the pages.. you can also check the www.pinksheets.com check the "About the Company" page and as well as read the "News Page" PR's .. these are what you have to believe..The company posts all material informations and facts..as a requirement in the pinksheets. Pearl Asian is in strict compliance with the law.

Another option is: You can come to the Philippines to see for yourself or you can contact Engr. Gary Gotanco or Randee Villanueva or speak to my staff and The Golden Team of Engineers..+011-63-2-490-0140.. Try calling around 9 pm US time..will be the best time to do...

My company.. Pearl Asian's Golden Team is working day and night to get our first gold production this Summer, 2006.

As I have to stay focus to make Pearl Asian (PAIM) successful and productive, with the goal of making PAIM as the #1 gold producing mining company. Estimated production starting in 2006 and forever...(??) God Willing..

I am proud to have this company still surviving since 2003..despite all other setbacks, as well as those bashers attacks, market makers..NSS-, etc.....As PAIM is independent and immune from these outside negative forces..

Pearl Asian is still alive and kicking ready to produce gold by the end of 2006 or sooner...

Your investments in Pearl Asian is the best decision you made..contacting the company directly is better yet...

That Gold & Silver are going to the its highest price ever!!

Maranatha!!

God Bless you and your family!!

sincerely,

pearl



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