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Re: Cheeky Kid post# 5

Monday, 04/11/2011 8:31:41 PM

Monday, April 11, 2011 8:31:41 PM

Post# of 101
Email from FED:

(Regarding country risk, and Feb 2011 Travel advisory to Eritrea)


There is no buffer zone at all, we can drill right up to the boarder the same way South Boulder has (STB on the Australian Stock Exchange)

That buffer zone doesn't exist anymore.

STB is on the Eritrean side of the boarder and their stock price is very impressive, not to mention, the Eritrean government has an option to take up to 40% of STB's project, they are not invested in the project, it's just part of doing business there.

We are very well connected politically in Ethiopia, and they have assured us there isn't any issue.

Our initial 10,000 meter drill program is in the southwest corner of the property (where the current resource is) it is a great distance from the boarder.

Let me know if you have any other questions.

Thanks
Adam