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Re: None

Tuesday, 02/26/2008 7:35:04 PM

Tuesday, February 26, 2008 7:35:04 PM

Post# of 78703
I think we are all ok here.

Every run I've participated or observed has started with a drop in share price prior to the run.

Thanks to the DD of skeptics and supporters, we know we have a company, with active CEO (like him or not) with mining claims in place, a good chance of near term production, with a mill en route.

I suspect the arguments over the permitting process have to do with the imprecise language with the State of Georgia.

Drake said they can do what they need (to get started) without a permit.

The environmental lady herself said up to an acre (!?!) can be disturbed during initial stages (sampling) without permit.

The State of Georgia is pro-business. They are not there to make things harder for business. Should the samples turn out to be "as advertised" or better I'm confident they will cooperate in every way they can, while still protecting the environment, to help Drake become a reliable source of tax and employment revenues.

The biggest hurdle is usually the transition from exploration to production. Personally, I feel Drake has handled this with finesse and a minimum of cost to shareholders. We not only have a mill to use, but the franchise rights to sell the unit to other miners. Almost sounds like another potential profit center to me.