All in my opinion, please do your own DD. Not to be taken as investment advice.

Based on the block modelled cross sections provided with the overlayen new drill intercepts, I get 3.1million NEW ounces. My numbers are crude and of the "back of the envelope" variety, but I think my track record speaks for itself.

I hope you will all join me in insisting that Micon be contracted to perform an updated INFERRED resource. While there is no doubt in my mind that we do not have the spacings to move the resource up a category, there is also no doubt in my mind that SIGNIFICANT INFERRED ounces were added. Without a Micon updated inferred resource I can not possibly make an informed decision with regards to the current Kinross offer. Fair disclosre should be made to us and it hasn't.

I will NOT tender my shares.

Regards,

Buck