The following story emphasizes a renewed interest in some junior golds. Although these mentioned companies have highlighted potential this does not negate the potential of many unmentioned ones including ours, Louvem Mines.

The investment community is well educated by these mentioned companies as a result of each firms desire to reach the public for consideration. Unfortunately for us, our majority owner sees no need to educate the community concerning our current merits or any positives related to our future. In this atmosphere any buyer isolated run-ups of our share price as was last experienced was not supported with ANY type of positive news releases by Richmont Mines as, I am sure, they consider Louvem just a subsidiary company.

My question is, where is the company support for the minority owners of Louvem?

One would have to be naive to believe that the recent beating that our share price took was not with the blessings of Richmont who stand a much better opportunity to offer to purchase our shares at a much reduced price as compared to Louvem's recent high if and when they elect to go for our other 30%.

One has to wonder, does the majority owner of Louvem Mines ever think twice concerning the company's minority owners?