I was surprised to see today's new release. Surprised because I was not aware that Bold had claims in the Kasabonika Lake First Nations area.

I bought into Bold based on the great looking anomalies 52, 53, and others. These claims are located just outside the ROF at approximately the 2:00 o'clock position, and are not in the KLFN area. I am still optimistic regarding drilling these claims, once an exploration agreement is signed with the First Nations in this area.

I called the office for clarification on today's NR. Bold has claims in the KLFN area, just north of Rencore's REN-8 claims, and are known as area 55. After speaking with the office, I reviewed Bold's website and found there are Magnetic Field and Decay Constant representations for area 55. I don't know if these have just been added to the website, or if I just didn't notice them before, but in any case area 55 looks very interesting....equivalent to Rencore's REN-8 area to the south. 55A in particular is a very prospective anomaly, 55B and 55C as well.

Exciting time for shareholders.

Holding with confidence,

Canseco