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Wednesday, 02/22/2012 10:08:04 AM

Wednesday, February 22, 2012 10:08:04 AM

Post# of 1836
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Marc Lovito, President of Gold Coast Mining, stated, "We are fortunate to have a mining partner and investors that see the big picture on a post-funded basis. It has been our goal to make our partners see the potential valuations after Phase I and II are completed and to base the necessary funding on those values rather than the values before funding. With that said, we are very pleased with the structure and believe our shareholders will be as well."

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