Replies to post #1511 on First American Scientific Corp. (fka FASC)

[ptrey]

This was posted on the ALMI board:

Posted by: Doubloon
In reply to: None
Date:2/23/2004 5:09:23 PM
Post #of 22

letter from CEO
These are the questions I asked him, his answer follows each question through the text.

Trevor:

Thank-you for your support. I am pleased to see others see what we see in the potential at the Dragon Mine.

1. We realize the road to the mine is seasonal, how close to the mine is the shipping facility and is it rail or highway transport. About three miles to pavement. 5 to railhead.
2. when do you think the mining to start? We intend to start activitiy as soon as possible this spring. Active mining will begin withn 30 days. of getting there.
3. In one of your releases you talked about a merger of some kind, is there any update on that and is it necessary for a merger or acquisition at this point? We are always on the lookout for a potential merger partner that will add value to the company. So far the ones we have looked at would take the majority of the unissued stock and put the Dragon into the back seat. We think the right candidate will show up one of these days.


Bill Jacobson