Ann: Important Riqueza Update, page-63

Hi brauninc & WE my thoughts are the following.....,,Nothing has really changed in the sense we still have our mountain with something potentially big inside it. As for S32 bailing i really do feel it's going to end up a lifesaver for ICG, we really was getting a raw deal with S32.

Now with ICG owning 100% again management can do things differently and learn from any mistakes made when negotiating terms with any majors like BHP and so on.

Once the IP results come through ICG no doubt will sink a few drills even with there low cash balance. I did have a chance to sell on open and run but i decided to stay to see the end out no matter the outcome.

Today's announcement was probably in ICG best favour long term speaking and will no doubt open more doors along the way especially not having S32 on board. I say good riddance to S32 and will hold tight till those drills hit that huge anomaly in the mountain.

These are my thoughts alone and i say to all SH hold tight its not all bad news today, good will come from this bailout. It really has opened many more doors for ICG and no doubt they will play the negotiating game in our favour this time round.

And if we burn trying thats life, we pick up and move on. But i see a huge upside for those that hold strong from here on in.

Cheers
Kiwi