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Wednesday, March 25, 2009 11:38:33 AM
1. What is the current number of Authorized Shares (AS) and Outstanding Shares (OS)?
2. Of the AS, what amount is intended to be issued near-term and what will the proceeds be used for?
3. What is the plan to limit/stop the use of the AS?
4. Is there any movement in the SEC documentation?
5. When will the website be updated (other than FR’s) to report project updates, equipment updates, and possibly an updated CEO letter?
6. How is security handled at the sites? What measures are in place to prevent workers from pilfering gold and diamonds while on the job?
7. Why and when was the TA gagged and when will that end?
8. Any plans to issue audited financials soon?
9. Are both mobile processors working?
10. How many alluvial sites are producing?
11. Will our processors be able to work during the rainy season?
12. Has all of the washed ore from the dredges that were operating in Sept and after been processed?
13.Why has management changed to shareholder unfriendly dilution when they had opposed such moves in the past?
14. From a shareholder on iHub: My concern as one of the longs here is: when are John and Doug going to come clean and publicly tell all of the share holders the complete truth about what they are up to. We supposedly have the concessions that we need to move forward and be a profitable company. If the machinery is lacking then we need to know, as share holders of this company we have the right to know what's going on! Dilution in some cases can be necessary, but this cowardly approach wreaks of typical pink. Basically speaking WE ARE the board of directors and we are looking for some straight answers.
15. Rumors about pending venture capital / collateralized loans are all over the message boards. Can you comment on current plans and/or give any details?
16. If you extracted 70 ounces of gold in February, where is it? How is gold processed after extraction? Who does it? Where do the proceeds go?
17. How long before the company considers hard rock mining? What will it take to do that?
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