Regarding the recent financing, the news release quoted our CEO as follows.....

"Richard Nemis, President and CEO of Bold, states, "It is with great pleasure that I welcome Ned Goodman and Dundee to our exploration effort. To have a strategic partner such as Ned speaks volumes all on its own. This agreement has allowed us to go forward with a strong well funded program while limiting the dilution to our shareholders."

So I thought we should know a little bit more about Mr. Goodman.

Ned Goodman
B.Sc., MBA, CFA, HON LL.D.
President and Chief Executive Officer, Dundee Corporation
Chairman, DundeeWealth Inc.
Ned Goodman is President and Chief Executive Officer of Dundee Corporation, Chairman and Chief Executive Officer of Dundee Wealth Management Inc., He is the Chief Investment Officer of Ravensden Asset Management where he acts as a sub-advisor to several of the Dynamic Focus+ family of mutual funds. His investment experience spans 40 years as a securities analyst, portfolio manager and senior executive, and he has an established reputation as one of Canada's most successful investment counselors. Mr. Goodman is the founder and benefactor of the Goodman Institute of Investment Management, a graduate school for investment management at Concordia University, and serves there as an Adjunct Professor and as a member of the Associates of the Chancellor. In addition, Mr. Goodman is Chancellor of Brock University in Niagara, Ontario. He is actively involved in and a benefactor of various philanthropic activities including Chairman Emeritus of the Canadian Council of Christians and Jews and a Governor of Junior Achievement of Canada. He is also a founding director of the Roasters Foundation, the Jodamada Foundation and the Dynamic Fund Foundation. Mr. Goodman has a Bachelor of Science degree from McGill University and a Masters in Business Administration from the University of Toronto. He earned the designation of Chartered Financial Analyst in 1967. In 1997, he was awarded a Doctorate of Laws, honoris causa, by Concordia University.

It speaks well of our management, and the potential of our projects that a person of Mr. Goodman's calibre is willing to invest.

Holding with confidence,

Canseco