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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: Some Definitions

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Wanderer5

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Re: Some Definitions

in response to Some Definitions by Wanderer5

posted on Apr 15, 09 11:31AM

I posted these definitions because I was confused by what everything meant to me as a shareholder.

We are 51% dilutive.

The US loan will be paid off.

The Chinese have taken the preferred shares - much like a bond - to represent their input of cash. They pay an 8% cuulative annual dividend to JJNICL.

If there are future financings by Lbe the Chinese can easily convert the preferred shares to common shares to maintain the same % common shares.

This is how I understand this is supposed to be - all IMHO

1BigWilly do I have this right?

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