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Message: 2010 PP´s and loans

It would be interesting to know how much of new funds are to be utilized for drilling etc. @McFaulds and how much for operating purposes. Clarification of the forgoing would give us an indication how long till we see cashflow from Mexico (I know Shortly). I seem to recall the Nov 24 shares for debt were to Jim for repaying a company loan and the shares were from the treasury. It just seems a little abnormal, almost laughable if retail shareholder money was not involved, that these last 3 announcements have been in a two week period. I expect the commencement of production at the mine is being planned in a more organized mannner.

Just MHO

GLTA

JMH

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