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Re: Mamona post# 395

Saturday, 10/09/2010 2:19:41 PM

Saturday, October 09, 2010 2:19:41 PM

Post# of 1761
My response,

is for all not just mamona. I appreciate his last post which reflects the feelings of others also.

When I first invested in TRGD The companies assets were limited to options on some prospective leases. In order to own those leases, they had to make future payments.

Various JV's and or agreements have been entered into for the purpose of advancing those properties. We have benefited from most of those deals even 'tho some later ended in the partners defaulting. TRGD in most instances kept the money that had been paid.

Today TRGD with TARM and adit are worth many millions and have various programs ongoing at this time. In short, TRGD is worth much more now.

Some things have not worked. some things are taking longer than planned.

As for Promises not delivered, Rich never PROMISED me anything. He detailed plans and estimated time frames. Some times things don't happen quite the way we figured or on schedule. Plans may have to be dropped or revised.

All the things that are in the works now may not bear fruit. I am holding my shares because I think SP will increase. In spite of problems coming up. I expect both successes and failures as the companies move forward.

I can move on, any time I wish. So can you all. It would not be the first time I made a investment mistake, and not likely the last. I expect no PROMISES, no GUARANTEES.

nm