opinions please, page-6

Whitehopes

To give you a feel for what you ought to be getting for your SBL shares from LionGold below is a copy of an email sent to Roger Poh at LionGold earlier today.

I have just received your Fifth Supplementary Bidder’s Statement with regard to Lion Gold’s attempted take over of Signature Metals.

It was an interesting read but did nothing to excite me to accept Lion Gold’s low ball opportunistic take over offer. To make the offer realistic and thus more attractive and perhaps accelerate the rate of acceptances can I suggest the following:

Ø Obtain ASX listing for Lion Gold AND

Ø Increase the offer from 1:34 to something like 1:15 OR

Ø Offer cash at the rate of about $A0.035 or higher per each SBL share.

I would be grateful if you would pass on this email to those who are responsible for managing this project.