GOLDEN PHOENIX MINERALS (GPXM)

[basserdan]

>>>in view of todays PR regarding cash flow can you or anyone else tell me why a good chunk of the mine expansion can't be done using the cashflow instead of this planned dilution?<<<

Fwiw, I think the expansion IS being covered by the cash flow and that the increase of shares in GPXM's treasury are going to be used to increase their asset base. Additionally, I don't doubt for a second that some talks, however preliminary they may be, are already in the works.

>>>and why should I not vote NO on the proxy.<<<

How you vote is up to you, Brad, and the only counsel I would offer is that you find out how Maine is going to vote and do the exact opposite because we both know how FOC he is..... <g>

As matters stand, I'm voting 'yes' to increasing the number of authorized shares.

>>>Don't I recall that 500k loan to private parties would be paid off prior to any JV disbursements?

How can I possibly know what you don't recall? May I proffer that the Lavender Lady would be better suited to answer that one than I?

My guess is that they are doing everything by the book or we would/will see it addressed either via PR or SEC filing.

Speaking of which, here's a link to yezzer's filing if you feel like doing some reading.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0000950134%2D07%2D014955%2Etxt&FilePath...