stockengineer,

The odds are that the Carmen has a lot of gold in it. This is a geological near-certainty. And if you believe that we are in a secular bull market for precious metals, which perhaps you do, a company with gold in the ground has a good chance of doing well over the next several years, provided of course the people running it do not screw things up. This is indeed the rub, so to speak, a great business can fail miserably with the wrong people running it, just as a mediocre business, can do very well with the right people running it.

If we accept the fact that the Carmen does have quite a bit of gold in the ground and likely to find more and that Gold is going higher the only important issue then becomes, "Who is running the show?"

When the power of the Roman armies were reported to Hannibal after his crossing of the Alps he is reported to have replied, "What is this parroting of numbers? Give me one look into the mind of Flaminius" Flaminius was the Roman Consul, essentially the General, of the army opposing Hannibal's forces. (For those of you not versed, Hannibal eventually beat the living crap of Flaminius and his army.) This vignette, passed down though antiquity, demonstrates a lesson that the great general knew and understood well, that being that the minds or leaders are what are worth knowing, more so than the general conditions. Hannibal was looking to win and win big, and he got very, very good at this not by studying numbers, but by studying people. The reason I bring this up is because there is very little chance you or I are going to learn a whole lot before the rest of the people in the world about what is going on with Kimber by reading news releases. Read those to advance your knowledge base, but not to make decisions on the company as an appropriate investment vehicle. If Kimber is going to make you or I money, it will based on the quality of the people running the show, so to speak, their understanding of the mining industry and macroecnomic trends driving gold up and their business acumen. Study those people if you want to sleep easily at night. A good place to start is on Jim Puplava's web site...www.financialsense.com. Puplava is a board member with several million of his own money invested in the company. On his web site you will find audio interviews with other board members, notably Leann Baker and Keith Baron. Both are interviewed in the most recent annual Gold Show which you can find in the archives from 11/23/07. I also would advise you listen to interviews with Eric King, who has been interviewed during several shows in the past and spoke highly of Kimber during the Gold Roundtable forum broadcast on 2-19-05. King is a private investor with a great track record and a powerful dose of common sense. I wish you well. SB