I recieved this yesterday a little different than others
Concerned Investor,
We apologize for some delays in responding to our shareholders recently. We
wanted to thank you for not lashing out in your email as we have become
accustomed to receive. Most shareholders have the same ongoing concerns.
Your concerns are our concerns, and in today's markets there is always the
possibilty that even though geologic reports and good numbers are released the
price could still fluctuate in both directions, much like has occured thus far.
There is also the issue of shareholders that sold shares at a loss at this low
price per share. Then, when the price starts to climb, the shareholders that
purchased at these low prices are always more than willing to sell off at a
small gain, which will cause resistance when our PPS is trying to break through
these barriers.
We are also aware that our PPS has most definately suffered from unusual and
illegal trading activity over several months. As mentioned in previous emails
and releases, this is something that our Company is working on to resolve and eliminate. There has obviously been something
malicious occuring for our Company's PPS to have fallen so much. We have looked
into several options, including NOBO, as well as launching our own questions and
investigation. Our legal team will continue to keep us updated on this issue, as
it is of great concern to a great Company such as ours, with a current PPS that
doesn't reflect our true value.
There is also the issue of this time of the year being a slow time in the
markets and we probably won't see any positive gains until the new year.
Due to these factors, we understand that it may be a battle to fight on our way
back up, but, our Company is real and our long term goals will be met.
Therefore, in the long run, there will only be one positive result.
In the near future, our shareholders will receive additional
information pertaining the Los Mates project, which is where most of our
resources and time have been applied - since this project will be the one that brings our Company the fastest return and may very well be the turning point
of our entire operation. Geologic information will be released regarding the
property's reserves and findings.
Along with the geologic reports, our IT department is working on updating and
upgrading our website, with additional information, pictures, and additional
links that will contain technical data and more in depth mining information.
Mr. Monroy is our Company's Geologist and Geophysics and Mining Executive. He
has taken the lead with the Los Mates property and will be releasing information
as it becomes available. One secondary issue and reason why sometimes such
things take additional time is the fact that all reports are produced initially
in Spanish. The translation from Spanish to English for such technical and
geologic findings is not as simple as trasnlating "normal" spanish to english
words. As such, we work diligently to put everything together in a timely
matter for our shareholders and Company.
We thank you for your email and welcome any emails in return.
Management
---------- Original Message ----------------------------------
From: **********@comcast.net
Date: Wed, 22 Nov 2006 18:13:03 +0000
>Congratulations!!
> I am pleased to hear of the recent venture.I feel very strongly that this
company is going to become a major player in the gold mining business. I am
eagerly awaiting your next release giving numbers.That is what I feel will help
the pps of this stock climb.Also has there been any further discussion as to the
nobo to discourage the shorting that investors feel is taking place.I hope to
see another release soon.
>thank you
AI
