I think people have the right to be a little p-o'd right now. These are basically the reasons everyone has been discussing over the last couple of days and my belief is they are valid. I think the last update was basically "The Straw" and people need to vent for a little while.

1. Spin off part of the Peru property to Intigold with the same board of directors for nearly nothing with the exception of exploration costs that need to be incurred to hold the asset.

2. PP at 1.8 which a majority of which also went to the current board. Nice deal, I would have taken it for sure.

3. Twice leaking a blackout for management and employees causing a run up and drop in share price, hurting new investors. (partly their falt for chasing a stock) but causing this situation unnessesarily.

4. No updates as to drilling and trenching or other pertinent information.

5. Promises of news and then nothing.

6. IMO excessive option granting to the board.

7. Did I miss anything?

That being said, I still believe in the property and the ability of our board of directors to hold on to this position and keep the stock price up with the PR work they have done very well at. But I can sit back, watch people vent and understand why. I think we will see a news release that will make us all happy again as I'm sure Lori reads this board just like the rest of us and maybe is learning something here. They are all new to this and will make mistakes but the mistakes have to be pointed out to help them do their jobs better.

Longtime