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Tagish Lake Project, South Yukon = Silvercorp Reloaded ?

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Financial position

April 2011:

NUX Financial Position

December 2010 financing (net) $22 million

Cash from sale of Chinese assets (net) $19.3 million

Cash available $41.3 million

More than well funded for 2011 exploration and fast-tracked production !

FANTOMAS

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