phone call this morning

With the volume of late and the SP moving in the right direction I kind of am getting excited.. I was hoping to get a few more at .017, doubt that will happen now Any way I thought you would all be interested to know I just got of the phone to Derek, I have asked why the wait on the mining approval, have got some good news for you all

The reason for the delay was due to Sultan having to deal with 4 different environmental departments to achieve mining approval, one of the departments requested additional work, to my understanding every thing is progressing excellently Derek pointed out this was the soul reason for the 2 month delay, approval should have been announced already, however the little glitch delayed the time, which to my understanding is resolved

Market will be updated soon

Derek has no interest in selling his shares in the near future, his opinion is he is very bullish on the market, believes strongly 2010 is the start of Sultans right direction and great things are being focused on. He said they are strongly committed to open the mine, we are not interested in playing the share price as many companies do, we are 100% focused on achieving our goals

As many of you know I prefer to ring the companies when I start to throw money at them, I am extremely happy with Dereks attitude, personally I think we are all in for some nice rides this year I asked about future raising for the construction if the mine, his reply was:

At this stage we do not need to raise funds, prior to construction we will need funds, however we have plans to source these funds else where, we hope not to reach out to shareholders at this stage.

As you know he cant give out sensitive info to any one unless it has been announced first, in saying that I believe I have the skills on the phone to pick up the overall sentiment of those I talk to Again Derek is very very bullish

Has big plans for the future for sultan

In my opinion, the SP will leave such low levels for good soon I am happy the way this has been consolidating of late, support levels will be lifting long term hold for me, personally I see this sky rocketing over the next 2 years, will be some nice jumps this year alone..

Best wishes to holders
Re
Drew

ps... I wrote this earlier, went to post it and found out i was suspended, this call took place this morning... unbelievable... I new it was coming, didnt think it was today though...;)