Goldsands Development Company (GSDC)

[deepsea104]

snotter in your recent post you mention John Keenan. John is a long time friend of mine and was, as you suggest, an on site geologist for CMIN at the Gold Sands site in Peru, however he is no longer working for CMIN. John is probably still under some constraints as to what he can say but when I talked to him yesterday he told me that they had found gold close to the surface in EVERY HOLE they drilled while he was there and that it was possible that a small dredge could be on site by the end of the first quarter next year. The dredges can be brought as far up the river as Iquitos on the ship that brings them across the Atlantic and from there on there own bottoms. On arrival at the site the dredge starts digging in at the river bank filling in behind itself to form a pond then proceeds inland moving the pond along with it. Gold is, and has been, extracted from the river by various primitive methods for thousands of years so there is defiantly gold there. He doesn't feel there will be any problem with paperwork and permitting as the government is sympathetic and it is in progress. I will see John again today and over the next week and may be able to get some other questions answered. Any suggestions? deep