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PinnacleDigest Newsletter 
Hi Ho Silver Resources' (HIHO : CNQ)( H9T : Frankfurt) flagship property is the Kettle River 'Carmi' Molybdenum Project which is home to 3 very prolific zones. They have been fiercly drilling on this property over the past 18 months and the big picture is being painted for their shareholders. We are telling you about them now because of the busy spring season ahead, their expected 43-101 resource calculation announcement and more importantly because their share price has dropped off considerably over the past two months. In fact, last year at this time they were trading around $1.50 and they have only expanded on their Carmi Molybdenum project since then. Fred Fisher, the company's CEO is expecting their 43-101 to be released in the month of April. We all know what a solid 43-101 report can do for a company's share price.
Project, it needs to be understood that this is an advanced property with proven ore bodies. In November and December of 2007 a major drill program was conducted on the property. On January 15th Hi Ho Silver received results from only their second round of drilling on the E Zone portion of the Carmi Property, which consisted of 16 diamond drill holes. These results were positive and are supportive in confirming the historical resource of 20 million tons of ore grading 0.1% MoS2 which is thought to exist at the property. After the successful completion of the E Zone program, drilling was initiated throughout November and December 2007 on the high grade Lake Zone. Hi Ho Silver is awaiting drill results from 8 holes, which include 5 holes from the E Zone and 3 holes from the high grade Lake Zone. These drilling results are expected very soon - yet another reason why we are telling you their story now.
Earlier this winter, our team made the trip out to Hi Ho Silver's Carmi Molybdenum property. Once our team arrived we were quite surprised at how close the entrance to the property was to the highway; there is literally a driveway directly off the highway that takes you up to the property. Despite being on a mountain, the Carmi property's accessibility is the best we have ever seen for an exploration property. There has been prior work done on the Carmi property by Placer Dome and a few other companies. Logging companies have made direct access to the
E-Zone and high grade Lake Zone. You wouldn't need more than a four door sedan to get to the respective zones. When we arrived at the E Zone which was our focus at the time, we were very impressed with the amount of work that had been done in the area. Fred Fisher told us to bring our boots as they had completed a ton of drilling out there and he was right, we needed them. The terrain is relatively flat and there is potential for open pit mines. The climate is mild and allows for almost year round work to be completed.
Hi Ho Silver's objective and focus has remained the same. They are aiming to expand the known mineralized zones and confirm grades previously reported at the Carmi Property. All of their drilling to date is being compiled to establish a NI 43-101 compliant resource calculation. A total of 221 drill holes have been completed on the Carmi Property by all parties. It is anticipated that the work will be completed by mid April 2008. Upon this completion Hi Ho Silver will be applying to a more senior trading platform such as the TSX Exchange. We believe that a TSX listing will increase the liquidity and overall exposure of Hi Ho Silver and their properties. 
