I am not so sure if Lori can engage in a letter of intent (LOI) to sell the Cueva Blanca without shareholder consent. Properties can be flipped as a course of doing day to day business for the company providing they are not a major asset, but when they are considered a major asset this may involve a little more and a consultation with the shareholders, I believe we may have to vote on it. Nevertheless, and she is within her right to sell the Cueva Blanca without shareholders consent, then there are several significant questions that should arise from shareholders and perhaps authorities.

1) The amount she apparently plans on selling it for, $100,000.

2) That Buenaventura, ( a major Peruvian mining company) expressed interest in this property last year and asked for a review of the property.

3) The value that an old estimated unofficial technical report put on the property, 2002.

4) The value Amarok put on the property in 2010.

1) As of May 31/2011, the value recorded in the finacials filed on SEDAR, is $234,507. As of May 31/2012, the recorded value is left empty? These are in the Annual financial statements filed on Sept 28/ 2012.

2)"The Companies have recently been approached by Compania de Minas Buenaventura (NYSE-BVN) to conduct a review of the property. The Companies are taking this into consideration."

http://intigold.com/newsrelease/update-cueva-blanca-gold-property-in-peru/

3) I sculpin, bolded the 62 million figure below.

SECTION 19: MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES

In an internal report for St. Elias Mines Ltd. by Sivertz (1999), an inferred mineral
resource for the Cruz Vein System was calculated at 2.3 to 2.8 million tonnes
containing 154,000 to 190,000 ounces of gold and 945,000 ounces of silver. These
figures were calculated to a depth of about 90 meters below surface using a cut-off
grade of 0.5 g/t gold and 15.0 g/t silver. At current gold and silver prices, the value
of this inferred resource is about $US 62 million. Data for the calculations were
based on assay results from 91 trenches and 18 diamond drill holes totaling 1,860
meters. The author has reviewed the calculations done by Sivertz and is satisfied
that reasonable care was taken and sufficent data available to support the
tonnages and grades reported as inferred mineral resource. The data and
calculations used for the estimates are included in Appendix 10.

4) I sculpin bolded the over $225 million figure in the excerpt below.