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Re: None

Monday, 12/20/2010 8:20:53 AM

Monday, December 20, 2010 8:20:53 AM

Post# of 66758
Please add article to tacky notes.

I believe this article has some relevancy to what is going on with Supatcha resources.

Also, those who have been communicating with the SEC, please forward the article to the SEC. Why? It is evidence that shows the company is actively doing business in Ukraine. Unless, this is another part of their grander scheme to continue to put up a fraud. I don't believe it is. Either, the SEC can use it against SAEI or on SAEI's behalf.

Thank you

http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Fwww.ua-reporter.com%2Fnovosti%2F99432

In early December the Dnipropetrovsk Oblast Council issued the concern «Pìvdenruda» special permission to exploration and development of the "Golden Gully", near the district center of Salty. But even after a week of its interest in another deposit-"yellow metal Beam Wide, on the outskirts of Nikopol, said the American company Supatcha Resources Inc., a well-known fact that spring has acquired the right to development" Barlevsk» and «Mužievsk "gold in Transcarpathia. The American company has reached an agreement with the licensee at the anonymous Ukrainian research and development of "broad Beams" acquisition up to 2 million. $ 50% stake in the project. Eventually, Americans are willing to pay extra 1.5 mln. dollars to bring its share up to 90%.

General Director of company «Pìvdenruda» Peter Švyd'ko told "Vìsti" that the practical stage of the project say it is too early, but his business plans to become a bidder to acquire licenses for exploration (prey) mineral deposits of gold Balka ".

…and your
Main owners are offshore company Supatcha .Resources Anthera West Capital Inc. (24.5%) and Massey Asset Management Ltd. (20.5%) and 8.2% shares owned by top management, including the Russian miners Nicholas Âgodke and Andrey Yasinsky. website Supatcha Mr. Âgodku characterize as close to the developers of the Mnogoveršinnoe (Khabarovsk Krai, RUSSIA), i.e. companies Highland Gold Mining, one of the founders of Roman Abramovich who feel.

Recall that in September became known to the participants of the project on development of gold of the Sergeevskiy ", also in the vicinity of Salt. First Oblast Council issued the "Stone company of Ukraine businessman Oleg Kryšina permission to study the ore field. But for those of their rights to "Sergeevskiy stated Canadian Secova Metals Corp. as in the case of the" Beam "foreign investor Widely expressed agreement with the owner of the deposit to buy 65% gold mining project for 5 million. dollars. And the further term to increase share of 90% is still over 10 million. dollars. Thus, already known to the applicants for all three deposits of gold, known in the region.