Ann: Lynn Lake exploration update, page-61

Amigo, I agree with you 100% - many speckies carry out consolidation when the number of shares expands to about 2 billion and the shareprice is less than 0.5 cent. Shareholders need to be able to get in and get out with relative ease (and not have large percentage differences between the bid (buy price) and the offer (sale price). The last time the company raised funds, a broker was employed to contact shareholders and ask them a few questions (a type of market research, I guess). I told him that IMO Corazon should have a consolidation and I gave him the reasons you have written about. For example, if Corazon issued 1 new share for 10 old shares, it would reduce the number of shares on issue to about 250 million or so. If the consolidation was 1 new share for every 20 old shares it would reduce the number of shares to about 125 million or so. Either way, the market cap would be roughly unchanged at about $10 million (IMO) - though initially it could go up or down until shareholders have adjusted. Thereafter, the compnay would be in a much stronger financial footing and shareholders would not be trapped by the current trading range. It is not reasonalbe to think that shareholders can simply wait until the disocvery hole is drilled - we can't say when that will happen - instead shareholders need to trade with more flexibility. Good call Dr Zeusse.