Re: Mexico

VALUE THROUGH PRODUCTION AND DISCOVERY

Focused on the Exploration and Development through Partnership of its portfolio of Porphyry Copper Targets

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AGORACOM-JEFFC

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Re: Mexico

in response to

Re: Mexico

AGORACOM

posted on Jul 31, 2008 11:49AM

Dear shareholder,

Thank you for your inquiry. The following response was provided by management.

A firm capital requirement for bringing the La Balsa project into production will be the subject of a pending definitive Feasibility study. A decision on whether the required capital costs will be raised in the form of debt or equity financing will be determined after the completion of the definitive feasibility