Re: E-mail from Brian

TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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red911

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Re: E-mail from Brian

posted on May 20, 2010 10:03AM

I keep wondering how they were able to raise $14 million in December... fully over subscribed pp at 65 cents... is there more to this than we know or was this just a very bad decision by all subscribers to this pp? OR... was this flow-through PP primarily used by subscribers for its attractive tax benefits... and none of the subscribers really planned to hold these share anyway... selling shares into the market immediately for a small gain + huge tax write-offs fro gains elsewhere?... Possible IMO.