Ann: Wanguo Exploration Agreements Signed, page-12

Hey all. Long time silent watcher on HC, first time poster.

The Wanguo Exploration Agreements that were signed on friday are not to be underestimated. I believe that the announcement alone speaks volumes for Snow Peaks Mining's intentions. For them to sign a deal with Wanguo which solely relies on CSD's involvement in the process is a major thing.

1) Snowpeak mining as we all know is run by CSD. The other party involved in Snowpeak mining is SPI.
2)SPI are not miners, they are mostly a property investment company with no mining history

Therefor it would be very hard for Snowpeak or (SPI) to progress without CSD by their side/ who are basically running the operation. This is good enough for me to buy as much as i can tomorrow......ie i now believe that the perceived risk of SPI withdrawing from the MOU is now all but gone.

I have held for almost four years and have continued to build on my holding over time.