Goldsands Development Company (GSDC)

[tropicomfs]

Just spoke with David Smith. Mineros has filed for drilling permits (could take up to 6 months to obtain), this will give them ability to test the entire 48 concessions. Goldsands is going working to get progress releases out on a regular basis. The double edge of news is that there are a number of adjacent properties in the area, many of which have the potential for similar alluvial sediment, that release of too much data could impact the cost of lease acquisition on these properties. They are looking to the fall for meaningful info on the progress of the project. Looks like this remains a longterm play. Like you I'm in a little too deep to just walk away, fortunately I have time on my side.