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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.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

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

AGORACOM Launches Graphite Stocks Blog

Message: “RMK” Possible End of Selling Program

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AUDE

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“RMK” Possible End of Selling Program

posted on Dec 09, 09 10:43PM

The heavy RMK volume since September 14, 2009 (approx. 55 million) likely reflects sales from “retail shareholders”, in addition to P.P. Flow Thru shareholders + Warrant subscriptions. The Warrant Holders likely sold free trading shares exceeding the exercise price and subsequently subscribed to additional common shares with the warrants. 15 million shares sold would provide sufficient proceeds for warrant exercise and provide $2.8 million to treasury.

The “warrant “selling is completed (see below), however does not preclude additional sales from other positions, which in my opinion is at the end.

“In the Money Warrants”

Expiry Date No. of Warrants Exercise Price $/share

3-Dec-2009 326,690 0.10 exercised

3-Dec-2009 2,333,500 0.15 exercised

9-Dec-2010 1,428,571 0.07 exercised

9-Dec-2010 15,714,283 0.15 exercised

Total: 19,803,044

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