Good Morning:

The other day there was a discussion on the effect of the PP on the share price when the shares become fully tradeable on Sept 7 2010.

As an adjunct I have a Private Placement in another mining exploration jr that is also a gold play in the US, in Nevada and Washington state. We have been drilling there as well and are awaiting assay's that are overdue. Our PP was fully tradeable as of last Friday the 13th of August. Since then the share price has remained constant within .015 of its recent trading pattern. Our pp was issued at .10 with a full warrant and we are currently trading at .24.....so there is lots of profit to be taken.

What I'm saying by all of this is that the impact of the shares becoming fully tradeable is probably overblown. I doubt we will see much negative preasure unless there is an overall drop in gold futures.

Hold tight........buy on dips.......pick a nice colour for you new Mercedes.

Cheers................Carry