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Message: Digger

Now this is the Board that I like to see. New posters too. McRae resigned for personal reasons at least that is what the email read I believe. Phone him for the real details and if he knows you he may tell you. As a friend I would never repeat what was said in confidence. Someone suggested I was in the loop of knowledge. No I am not all I do is phone David Bending and he talks and talks and talks, and I listen and listen and listen. He does this with othe shareholders also and then we compare notes. Financials - you have to read these very carefully. Then when you find questions you ask the company. I have been told that Bending and O'Gormann charge a monthly stipend plus they bill for additional services provided to the company. All Directors are paid a monthly stipend and the office staff in Langley and Guyana etc take up the rest. This company has a monthly burn in my estimation of $150,000 plus. Ouch! Bending is in TO today and I think tomorrow but I have not called him because I will wait until the month end to bother him again. Drilling comments by sidewhinder (I think) are right on the money and from what David told me they drilled two holes over the lake, and then moved onshore when the ice was coming off. Never asked what else he drilled. Get concerned - heck no. There are few things that are set to happen like Marudi and Rexma should be on site and working end of May. If not why not. News releases about Sardine Hill and Five Star. Read them and note that upon TSX approval Mulgravian has a kick in for money required. Will that happen - hope so. Summer should be fun, but this company still needs a strong manager to get it all together.

Also it would be great to see the listing of Mulgravian or whatever it will be called. Probably a good investment also.

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