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Re: CHA-RU post# 93070

Wednesday, 12/16/2009 7:15:10 PM

Wednesday, December 16, 2009 7:15:10 PM

Post# of 221984
That is correct. See the quote from the December 1st press release:


Fortress Management is now prepared to state that a successful sale of the Company's interests in the two Gold Properties, after the settlement of outstanding Loan Notes due by the Company in the amount of US$5 million, would not be an amount of less than US$0.003 (three tenths of a cent) per share for our stock. This calculation is predicated upon the current number of outstanding shares of our stock

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