Besra Gold Inc (BESAF)

[Spellbound]

>Hope the job situation is looking better

Thanks. I've been able to devote some time to my Options Trading while looking for another job. With the added volatility, I was able to make sufficient gains to afford a distribution which exceeded by salary for the 1st six months of this year. I did two things that were formost on my mind. 1) paid off my 2nd mortgage, and 2) paid a solar heating company to install a 2kw solar system on my house.

My next project will be to pay Uncle Sam some taxes before he gets too upset with me, then have a geo-thermal heating system installed to replace my 60 year old NG forced-air furnace. After that, I will begin to pay down the primary mortgage. But, its through a credit union, and they're run much better than the banks are, and aren't as likely to call in the loan.

I'll be very happy if I can get the last two things done in the next few weeks because our local power generating and transmition utility was recently sold to a large multi-national corporation. It's happening more and more thoughout the coutry as the dollar plummets, and it should plummet even more with the bailout being passed. It raises the possibility of faceless and souless corporations causing electricity and NG price spikes which people have suffered through in other parts of the country as their utilities have been bought up. This has many times resulted in the utility company foreclosing on homes that the owners owe back utility bills.

Now, I have a question for you... Did you think I was kidding when I asked you about that marriage of convienience???