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Re: gaining ground post# 54

Saturday, 04/19/2008 9:16:55 AM

Saturday, April 19, 2008 9:16:55 AM

Post# of 76
I post on wallstreet online in Europe.

But that is a german board. So if you do not speak German it will be hard to understand that.

Most important is that you read the last 2 filings at SEADR because most informations are in that files.

If you have any question then please ask it here and I will answer it.

We just started to go up. The train even did not leave the station. We are extremly undervalued here.

Expecting drill news from the last 7 holes. Then rest finance of around 7 Million USD by Glencore IMO. And latest mid May we get a resource update which will result in an increase of lifetime of this mine upto minimum 7 years.

NPV should be at over 0.70 CAD at a 3.50 USD average per pound copper future. Production costs at 1,30 per pound 7 years lifetime of mine.

Production will start end of this year IMO they are faster than they thought.