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Re: HoosierHoagie post# 11038

Monday, 11/13/2006 7:44:56 PM

Monday, November 13, 2006 7:44:56 PM

Post# of 42606
longhorn- Thank you for your comments in your private reply.I agree with your analysis of the current political uncertainy in Bolivia affecting the stock. I still believe that Jaime's intention to sell 20 million shares may be viewed in a positive light. As you know, with the current average volume around 2 million shares per day, it would be difficult for one to buy 20 million shares without causing a .01 -.02 rise in pps. Most likely these shares will be sold privately at a price based upon an average of the close over a set period of time. This may be causing a overhang on the price. The real important info is who is the buyer if this is a private transaction. To be invested significantly here, which I am, you must answer the question as to whether you trust and in Jaime and bill petty. I have evaluated this and believe that they are genuine entrepeneurs who think they will be successful in building a strong mining company. The risk rewaed potential here has caused me to make a value bet. I believe you should consider adding to your position since missig the big move can be psychologically very damaging if this thing flies. A hedge before the 15th would mot be out of order. If not, just know I respect your stated position.