Which drilling program was completed? I'm only aware of a cancelled drilling program, with very limited results and ambiguous drilling locations. A drilling program that we were told was fully funded, but now, can no longer afford.

Where are the results from the trenching program? Where is the material? Why are we not seeing value from the gold in that material?

Travel costs are fine if they are justifiable, but I see no justification for these costs. All they have achieved is emptying the companies bank accounts, devastating the stock price and leaving shareholders still wondering what Tesoro holds.


We know we have been lied to. One minute we're told no portable XRF style devices have ever been used on the Tesoro, next minute we're told they have been. Lori states she will clarify the abysmal results, then a while later states that she has already told us everything that is legally required of her. In other words, she is hiding information from us; she has information, but isn't legally required to tell us. We want to know what that information is, good or bad. Grades shown on an XRF gun are not legally required to be reported to shareholders. It is very clear she has a better understanding of what is there than shareholders do. When she tries to push through a private placement that would essentially allow the purchase of the company for a measly $10 million dollars, when not long ago was worth a quarter of a billion dollars, leaving the shareholders with next to nothing, she can't expect to have many fans left.

Knowing management lies to shareholders; knowing management is hiding information from shareholders; people are fed up and voted to replace her, to the tune of 91%. Lori wanted the public's money, but not the public accountability. It's Lori that can't have it both ways. What she has done is in my opinion highly immoral at the very least, which quite frankly isn't surprising after seeing her operate over the last few years. If we had gone broke while focused on our flagship, it would have been easier to swallow. Going broke while traveling around paying for fashion shows, sponsoring a poker player, wasting time and effort on buying ultra expensive websites unrelated to gold mining, while watching the share price plummet until finally trying to sell the company out from under the shareholders for peanuts, is much harder to take and raises quite a few eyebrows.

All in my opinion only