Goldsands Development Company (GSDC)

[deepsea104]

I just heard from John Keenan. He talked to Michael Stocker yesterday. Basically he confirms the PR. This is a land not a dredge operation and he says it will bring in a bit of revenue while allowing them to do further exploration at the same time. I am very encouraged by the fact that there previous exploration results were good enough to warrant the decision to proceed. If this is profitable full scale dredging will be even more so.