Sinister, so you see that a news release was not delivered to the public for those important results. This must be material news, whereas this is the first bulk sample result ever from this new vein. Also, being the first bulk sample result ever from this vein, it would be most prudent and competent to keep it seperated and not mixed with ore from another vein. So, IMO, and perhaps the markets opinion, this was material news that should have been released to the public in the form of a news release, especially where the grade is significant.

Furthermore, when we aquired the rest of the Vilcoro property, being ~50%, this should be material news and released to the public, whereas it was stated in the peroperty description of Vilcoro, that it had the potential to be a world class gold property. I should not have to explain why this was material news.

The above are only 2 instances that shareholders consider material news, there are more. The problem with news such as this not being released publicly, is that investors are denied the timely disclosure and also a delayed effect arrises, whereas the excuse may be made that this material news is released in the financials, actually how many investors read the financials whereas they expect to be informed by news releases and not financials, where the news may be many months late getting to them when put in the financials. For instance, it was listed in the financials that we received 100% ownership of the Vilcoro in Jan 2011, however, investors did not know about this til roughly Aug of 2011, in the financials that came out around that time.

The element of trust is also displayed through these kind of actions and jeopardizes the investors investment. This is done in such a way, that if the company is caught by regulators not releasing important news to the investors, the investors risk having the stock halted and perhaps even disciplinary action taken against one or more of the BOD. This in turn could get reflected in the stock price, and the investors suffer a stock price decline due to the fact that the BOD,s fudiciary duty comes into question, and when investors get nervous, sometimes they sell their investment. This hurts the loyal investors and weakens the strength of the company. This is why corporate goverance and the aspect of fudiciary duty is so important to companies, markets and investors.