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Friday, 03/04/2011 4:28:25 PM

Friday, March 04, 2011 4:28:25 PM

Post# of 27
Dear Friends and Colleagues,

As the former President and CEO of Pediment Gold Corp., I would like to take a brief moment to extend my sincerest gratitude for your enthusiasm for the Company throughout the past six years. As I have stated before, it is my belief that the recent business combination with Argonaut Gold Inc. will provide significant value for shareholders going forward, and it is my hope that you see the potential in this transaction, just as you saw the potential in our little gold company so many years ago.

I am convinced that the future for the combined Company will be very exciting, evidenced by the attached recent analyst coverage provided for your perusal.

As I move on from my position as President of Pediment, I would like to take this opportunity to tell you about the junior-resource company, Ethos Capital Corp, which I now operate. Ethos is focusing its efforts in the White Gold District of the west-central Yukon, where we have acquired a large and highly prospective land position in conjunction with the well-known prospector, Shawn Ryan. I started to recognize the tremendous potential in the Yukon and it dawned on me that we are seeing Voisey's Bay-type discoveries in the White Gold District. I knew that the Company should capitalize on this prospect. To do so, I travelled to the Yukon, met with Mr. Ryan, and we discussed the two discoveries he was responsible for, Underworld's Golden Saddle, now owned by Kinross, and Kaminack's Coffee project. I realized then that I had met the most important contact for Ethos as it focussed its interest in the new Yukon Gold Rush.

Additionally, I am also very pleased to report that the Company has engaged Peter Tallman, P. Geo., as its Chief Operating Officer. Mr. Tallman possesses the type of experience required to run an efficient and effective program, and I believe his experience will greatly complement the talents of Shawn Ryan. I expect Mr. Ryan and Mr. Tallman's vast experience, coupled with the Company's high potential exploration projects will create shareholder value, and represents an excellent opportunity for future growth of the Company and its shareholders.

All that being said, I thank you once again for supporting Pediment Gold on its journey, and ask that you kindly note my new email address and phone number below.

It's all happened before and it will all happen again. Might as well profit from it.

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