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Re: Eagle44 post# 58458

Friday, 06/17/2011 5:53:21 PM

Friday, June 17, 2011 5:53:21 PM

Post# of 83093
I think if you reread the last two Field Reports I think you will find exactly what you are looking for.

1."These numbers where hampered by fuel shortages in Sierra Leone. The fuel shortages have now been corrected."

2."We are currently involved in developing the mineral recovery of black sands and their potential and may have a workable solution by end of summer. At this time we are stock-piling all our black sands pending further processing."

3."In anticipation of the rainy season setting in over the next few months, the company has explored some feed/tributary rivers that show promise for continued dredging operations during these months."

4."Down payments have been made on a variety of equipment to enhance mineral recovery in river sites where sand overburden is over 20' in depth and constantly shifting."

5."Further dredging sites have been acquired and are in the process of being licensed for next year’s activities and expansion."

6."Plowing and subsequent harrowing is underway. The company aims to have 3,000 acres under cultivation this season."

7."This season we plan to double the peanut and rice crops."

8."A second tractor has been acquired which the company had completely refurbished and is now operational and in use."

9."The company has optioned a significant increase in acreage both in the north and the south of the country for future expansion."

10."In the reporting period we continued our work on the Project Design Document’s and began making contacts with potential buyers of carbon offsets."

11."We are a small but growing company and a lot of larger organizations are taking note of our activities and potential"
(see Oakland Institute Report dated May 24th, 2011 Page 39)

http://www.sierragoldcorp.com/field_reports.php

You made some great points about goal setting, projections, planning, and communicating those points to the shareholders.

I think those concerns have been (at least in some part) met by the monthly Field Reports, but of course shareholders have to read them in order
to become better informed about what the company is doing.

There seems to be a mentality (or lack thereof) that prefers to assume the worst and make accusations first, and then check it out later. I've heard
the phrase "contempt prior to investigation" and it seems to fit in this situation.

Doesn't seem entirely fair to accuse the company of not communicating when in fact they have and some folks just haven't read it yet.

Some of the stuff you were looking for has been out for a good couple of weeks now. GL E.