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hispeedsoul

02/16/10 12:27 PM

#77864 RE: The Holder #77863

They are not focusing on silver and gold. There main objective is proving up Lake Nemegosenda minerals. The shining tree mine IMO is going to be used to further finance Lake Nemegosenda.
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dmbao

02/16/10 12:32 PM

#77865 RE: The Holder #77863

This property came to light a while back when they announced a JV with CRVG who later defaulted on their requirements and SRSR went ahead with initial testing on their own.

It is in a historically prolific gold area but we really don't know much about it.

If I remember correctly you are a geologist or have back ground in that area?

I have a question for you if you don't mind? Since the first 43-101 NI compliant report did NOT allow the Zone D reserves to be fully compliant would in your opinion a fully indicated resources which is underway allow for the resources to gain a % valuation like 3% which historically is how these types of companies have been valued.

I think may of us were surprised that we didn't receive any % of resources out of that report and didn't realize until recently that that report did not make the resources fully compliant.

We are thinking that this could be a catalyst for an increased stock price in the medium term.

Please share your thoughts.

Thanks in advance.