Ann: Presentation to Virtual Gold Conference, page-39

Thanks winesy for your comments about shares held in escrow. I checked the details and there are almost 90 million shares escrowed. That’s enormous - about half of all shares issued are currently blocked from trading. And even with all those shares blocked from trading, BGD is struggling to hold onto the issue price of 25c.

So, that has me concerned. The drilling so far hasn’t found anything economic, so now we are placing our hopes on the next drill programs. Ok - fair enough. Let’s hope for a better future. But, by the time that happens, and we get results, and even if we are lucky and actually find something, the blocked shares come out of escrow, and we shareholders will get smashed. And 90 m shares will be like a dam bursting and that’s not a good place to be standing.