Very important point made by Rick Rule in his recent interview, “Market Malaise Signals Opportunity for Miners” Many junior miners were financed two or three years ago when money was flowing much more freely in the capital markets for such ventures. It is not flowing so freely anymore. So when most of these junior miners, with no gold to their names run out of money, it will be much harder if not impossible for them to reacquire capital to continue their most probably fruitless attempts at discovering riches.

Kimber is not in that situation. If Rule is correct, there is about to be a great disconnect between the juniors that have and those that do not have. When this happens, Kimber will find itself suddenly separated from the great mass of juniors that now, for no good reason, inhabit its space in the potential gold investor’s mind. In the words of Randy Newman,”It’s money that matters.” This especially applies to junior mining companies. All things start to matter a lot more when they are in short supply.

Understand, we’re not to the mania yet. The promised land lies ahead, but we still need to get there. And until the mania hits, it’s going to take money. This is why it is very important to know that Fidelity Investments owns 6.7 percent of Kimber’s outstanding shares as of today. That’s a big position by a big company with a lot of money. It’s also important to know that last March Kimber raised 5 million dollars privately. Those investors who took part have doubled their money and are very happy. I know, because I’m one of them. I have a lot of friends who have been watching the value of their mutual funds collapsing, a lot of doctors and lawyers and professionals with a lot of cash available to invest. The next time Kimber goes out looking for private funds, a lot of those people are going to step up and get involved. So will their families and their associates’ families.

It doesn’t take a lot of high income individuals to keep a company like this going until the mania, takeover or production. We’ll do fine. Just hang in there. Bull