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Message: quick look at annual financials

I cannot see for the like of me, why Lori has delpeted and allowed the treasury of this company to get to this state. Without judging her or the directors, the facts suggest, purposely draining the company,s cash and assets. To me, its beyond the point of exploitation, to outright vengence towards the shareholders, perhaps as a scolding, and to say, "look what I can do!". The you have the supposed BOD thats in there to assure that the CEO keeps the shareholders best interests in mind, saying; " Lori, you are doing an amazing job!" Then you have the regulators and government saying, "you shareholders are foolish and childish to be complaining, this is how it works, we agree with your CEO.!" So then, we are left to look at stuff, like some of the stuff below, and accept it, because thats the way it is, its ok to take advantage of shareholders.

Changes are coming, my friends and fellow shareholders, and things will not be as they were before. We are entering a new era, where the corruption and greed gets weeded out, allowing room for the new and just. Rights and equality will be recognized as never before in the past, these are not delusions of grandeur, but fact. Most of the signs of this can be seen daily, in your TV news or media outlets, as steady revelations.

I see no way for the BOD to justify the disposition of the Cueva Blanca via the financials. There were so many other alternatives, not only present within the financials, but without, as well. Keep in mind that these are the year end financials that ended as of May 31st, this year, 2013. I see where we, by Sept 30th, graciously offered to ensure that an option obligation by Inform Exploration Corp, on our South Rim property, by us paying directly for the required work to be done on the property, to keep it in good standing. The problem I have with that, even though it may only be 10 or 20k to uphold this, the money could have and should have went towards securing the Cueva Blanca for us, the more valuable property. Note; perhaps the South Rim is the property mentioned in a previous post of mine today, about being the "other" moly property, suspecting to dwarf the Carmi Moly property, that we have partially lost.

We had $243,633 worth of shares in other companies that could have been sold, rather than sell the Cueva Blanca for $100,000 when it is worth many millions.

I see $2,450,000 worth of GIC,s has been cashed and pretty well used up between May 2012 and May 2013.

I see director fees increased almost 400% from 2012 to 2013, from $15,000 to $55,000.

I see monies paid to Lori,s company and her salary amounted to $243,619 for the year.

I see that $790,770 was spent on travel, that equates to $2166 per day, for 364 days of the year, if travel was only executed half the year, then it would mean over $4300 was spent each day. I have no clue why a little exploration company would be spending this kind of money on travel, its totally absurd!!! Shareholders never ever got a justification on this.

I see communication and promotion amounted to $683,683, if you add this into the travel, it equates to just over $4000 being spent each and every day of the year, on these items, while a CEO sold almost all of her shares, the stock price plummeted, and no apparent promotion ever materialized to support the stock price.

There is also a huge consulting figure in here of $504,042, which is totally ridiculous, and God knows what that was for.

I see the security deposit amount has lowered from ~$60,000 to ~$23,000, I wonder if we are in overdraft in whatever account this applies to, as of May 31/2013?

Overall, you see little to no conservation of cash, with BOD wages being increased in most instances, at a time when juniors are struggling immensely for cash. A total and blatant drain on the company,s cash and assets, with no competence nor discipline practised.

I thank you Lori and BOD for revealing to us just how much the regulators will let company executives get away with, and revealing to us, the real world. Along with showing us just how dysfunctional our financial/regulatory/political system is, you have taught us that the whole system is corrupt and most specially, the powers at the top of the pyramid. So, the beautiful lesson has been learned, the knowledge digested, are we just gonna waste this knowledge, or are we gonna use it to make things better for the future of us and our families? You don,t have to try and sell this to the populace, its that blatant, that just laying it on the table in front of them, will suffice.

IMO

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