ZNext Mining Corporation, Inc (ZNXT)

[gail]

although i converted my 12 billion pref shares to just 1.2 million common.. it was stated in the older news that it was worth .00000001.. i think it was 7 zeros, or 6.. but im thinking, how do you trade that.. i can only put 4 numbers in.

like if we bought some.. how could you at .00000001, etc? maybe it can be called in over the phone to the broker i guess.

on r/b someone (that i think is credible) reached gary.. he said...

By: capinvest63
14 Mar 2007, 03:46 PM EDT
Msg. 25683 of 25705
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SPOKE TO GARY GOTANCO!

I had sent Gary three emails since our last conversation, to which I had received no replies. Approximately 15 minutes ago I received a call. The incoming line has a 310 prefix, as they use Vonage to make their calls.

Again I am paraphrasing the conversation.

1. I enquired clarification on the processing and yield expectations.

Answer: They expect to yield 16 grams of Gold from every 1 metric tonne of ore processed. I had previously erred and stated that they expect to yield 16 ounces, which would have been phenomenal, yet unrealistic.

2. How many tonnes of ore are they currently processing and what will that figure be at full capacity?

He said he could not divulge the current number as that would be insider information. However they expect to release that number in a press release at some point. At full capacity, it would be approx. 500 tonnes of ore per month.

3. Wiet agreement finalised?

The Wiet agreement finalisation is a tentative and subject to their first delivery. He could not provide a time frame.

4. What is the time frame for advanced "Drilling" operations to reach the gold vein or source?

Drilling operations will commence in 2 to 3 months. It is subject to securing additional equipment.

5. IR email not functional?

Gary states that the overwhelming number of emails has caused the email server to "bog" down thus essentially crashing.

I verified the information twice, repeating his answers and clearing the information prior to posting. I also informed him that I would post our exchange on investor forums. He concurred.