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Joeiniowa

04/16/07 10:01 PM

#59 RE: bullonly #58

Bull,

Thanks for dropping by. I know several people who are in the process of taking a position here when the stock dips into the $1.40 area and that is probably why you are seeing it bounce back into the $1.50s every time there is some selling. Management has been very aggressive in getting things done as can be seen by the releases over the last month. There are two issues that are being addressed. One is to get the financials up to date and get on the OTCBB. This always takes longer than anyone anticipates but we have been told it is in process as of 3/27. The other issue is getting the final permitting to allow the mine to run at full capacity. The permits have been submitted and now we wait. I believe the mine is currently running at a fairly high rate but to continue at these levels they need to get the permit approved by the end of the summer. I am very encouraged by the 800 oz of gold produced in a 3 week stretch. So many of these small mining companies are years away and here we are in production.

Joe