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EdF

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Alias Born 04/13/2001

EdF

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Re: None

Thursday, 05/11/2006 1:10:28 PM

Thursday, May 11, 2006 1:10:28 PM

Post# of 380643
Just spoke with HRRP Surge Ollu, VP Operations/Finance. He said that they completed their full financials last week and turned them over to their accountants on Monday. He hopes to release audited financials within a few weeks. He noted that he doesn't have to have them audited but he felt it was best for the investment community.

The purpose of the split was to raise the share count and increase liquidity. They have several acquisitions in mind and this will help them finance the projects.

He noted that with the increase in gold prices, it is bringing an increase in interest regarding their Overman property. Recently they have received 7 different offers for the property at "ridiculous amounts." He said if they were looking to make a quick few million, they would have just sold the property. But instead, they are looking long-term.

I asked him who might be selling shares at this point and he said the seller is probably someone from the previous company. He did not know how many shares that person might have but said that he will run out soon enough. (lol, that was sorta funny to me).

Lastly, he said if I or anyone else has additional questions, feel free to call anytime.

That's about it.




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