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Re: bigfoot422 post# 8411

Friday, 10/01/2010 3:44:48 PM

Friday, October 01, 2010 3:44:48 PM

Post# of 91121
Some complain the Cottons have too many shares and then that they don't buy up all the shares-contradictory. Once revenue starts rolling in they have said they will buyback 60% of the stock.
The flurry of activity,all the equipment in the pictures(by both independent picture takers and now by CWRN),plus permit fees etc all indicate there is a big investor-see previous posts.
RE dilution and pps read previous posts.

Due to open meeting laws in most states,a quorum of directors is not allowed to meet even accidentally at innocent social gatherings.
So the official board meeting is entirely proper,necessary and legally required and the typical notice for such a meeting has been given.

A reading of the PR continues to show unprecedented progress-many things that have not occurred before,including moving HQ from Houston to San Diego. Southern San Diego is only a 2 hour drive from the mine,and directors have been camped out in Ensenada,the nearest town of any size and where the shipping will occur-all good things confirming a sea change of activity.

Although on first reading some investors may have been disappointed because they wanted to hear more about the mining operations and permits and didn't understand the importance of the items listed in the PR. But at least we now have pictures of the current activity at the mine by the company itself, as some were demanding.