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Cypress Development Corp. is a Canadian gold and base metal exploration company developing projects in Red Lake, Ontario, Canada, and in Nevada, U.S.A.

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Message: More Complications

More Complications

posted on Jun 21, 2008 01:05PM

I tried calling CYP on Friday, I spoke to Don Huston for a short several seconds, he was interupted by an important call from Goldcorp. Don will be calling be back on Monday. In the mean time I copied a post from S.H. that may be of some interest. I will be reporting back after my conversation with Don on Monday.

"I called the company today,& the drill hole was all messed up!! Company sat down with Gold corp today, & Gold corp recommended to back the drill up the 695 M mark. The drilling company is going to pay the cost for the drilling they did over the last month or so. ( What drilling in the last month happened.............?) Anyways someone on the drilling team is getting the boot!! The company also said they are going to be watching every move from now on, so there will not be any more screw ups!

At least they are not going to the surface again!

So with that being said, .30 on friday is going to have to wait for a little.

Fundamentals a still the same, so I will sit tight!"

R.S.



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