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Alias Born 12/27/2002

Re: None

Friday, 11/28/2003 6:31:29 PM

Friday, November 28, 2003 6:31:29 PM

Post# of 1571
Greetings from Poland
I will not sell this news. It is better IMVHO to have as much reserves exposed to rising POG as possible even at a risk of delaying production. Mr. Millar treated Mulatos more as a personal and self satisfying chalange than business. Business approach - which is making Salamandra exceptional reserve base - can put off production phase beyond the span of Millar's life plans. Since I am convinced there is much more to Salamandra story than just Mulatos deposit I like the news.
The only drawback of immediate drillings is that it will make a dillution necessary but I dont mind it at 10 or 20 CAD :).





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