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Text: ____________ Exclusive interview with Klaus Eckhof 27.05.2006 editorship - GOLDINVEST.de
The more largely the fluctuations at exploration values, shoot the emotions the higher and the more violently cook the rumor kitchen. What is pure graduation, where really something puts behind? Also Moto Goldmines, for a long time the unquestioned star under the Explorern, had to leave feathers/springs and to CEO Klaus hitting a corner yard estimates themselves the speculations. Does it go from board? Instead of along-speculating, the editorship of GOLDINVEST.de inquired simply times at the source, with Klaus hitting a corner yard.
GOLDINVEST: Dear Mr. Eckhof, how we are to actually address you? As Director of Moto Goldmines, Director of Aurora, Non Executive Director of tiger Resources, dito Director of Elemental of mineral? Investors lose soon the overview and in addition circulate rumors that you want to say good-bye to Moto. There what is to?
Hitting a corner yard: Perhaps I should place first times somewhat in principle clearly. I always said, what I make. In principle I make that, where I know that I am good. I.e. I am well, if it concerns, to projects in addition-fly, her to evaluate, her with capital to equip and afterwards set in motion. I always said that the then following part of the work of the project development really interests me only up to a certain point. I am not that, which cares for a project from beginning to end. I am not a mine engineer, but exploration geologist. With the way into production others are better than I. I in all other respects always already said that for Moto. Already one year ago I brought CEO von AngloGold Ashanti Limited by the appointment of Andrew Dinning as COO (ex-Western Mining) and SAM Jonah, formerly as Non Executive Director as well as walter Kansteiner the correct persons for the next stage toward production on board.
GOLDINVEST: Who studies the Filings, that you realized options, exactly 1.375 million pieces determine. Doesn't that have to be rated as door?
Hitting a corner yard: Well that you ask for it. Yes, fact is, I my options exercised and the shares afterwards to a firm address sold and simply on the market did not throw. I do not see, what to it would be anstössig. On the contrary: Each investor could sell in the past with higher courses. I against it was prevented constantly by any Insider things to begin with my options something. Times a folder was outside, another time was a straight new stock exchange listing (AIM listing) in makes. The hands were there bound many investors for me and much money made. Only I, which did not bring the story, where she stands today, could anything do. In all other respects I can calm you down. I am still Moto shareholder. I possess still 1.375 million shares and further 750,000 options with 7,65 CAD.
GOLDINVEST: How does it continue thus with Moto?
Hitting a corner yard: Moto has today approximately 300 coworkers. There it needs to be versed professional guidance structures and capable people, which itself A.) during the project development and b.) also in the Congo to intersperse can. They can assume we become the change wars. I will give my inputs in addition, but I am not the man, who leads so a shop with all the Compliance. Also after my separating from the CEO position I will be naturally to the enterprise at the full disposal.
GOLDINVEST: Tiger Resources should become the next Moto. So far the enterprise disappointed however rather. Where does the enterprise stand today?
Hitting a corner yard: It is correct, tigers in March 2005 a Agreement over the well-known SMKK project closed. The contract is not yet carried out however because of one of the two partners. Those are delays, belong simply also to the business. Fact is however that tiger is in the meantime largest Landholder in the copper belt the south Congo. With the recent participation of the majority at Kipoi tiger has today some more larger than the SMKK project. Kipoi is a genuine world class project and its way to go, of it is firmly convinced I. Wait times for the evaluation of the soil samples in a few weeks.
GOLDINVEST: Do you want to say with the fact that the market, while one waited for the SMKK project, which Kipoi Deal overslept?
Hitting a corner yard: Thus I see that. And which concerns the SMKK project, also everything keeps running. I am also here optimistic that tiger will implement its right. We cannot say only, when.
GOLDINVEST: We make nevertheless a Schlenker to Brazil. They are among other things President & CEO with Aurora gold. Rumors circulate in the market that it concerns thereby pure graduation. How do you explain the strong exchange rate fluctuations?
Hitting a corner yard: One must see that the improvement in prices was exorbitant in the past six months. I to say, the project was very ambitioniert evaluated at the stock exchange with more than 100 million USD. It is normally that the share returns, particularly in a phase of a general correction. We had to shift the drilling program because of bad weather. For the weather I am not also still responsible. Investors should not be equivalent irritated, if the drilling beginning retards by three weeks. It is today already a success to get at all drilling equipment. If we are able to announce results from the project to the people will notice that it does not concern graduation. The drillings begin by the way shortly.
GOLDINVEST: Also here the question about the promoter's shares. Are the shares, those with 0,05 USD were spent freely tradable?
Hitting a corner yard: Most shares are freely available. If I would sell somewhat, I would have to communicate also to the stock exchange.
GOLDINVEST: Only in order the overview to get, with which projects you are up-to-date still actively?
Hitting a corner yard: I am engaged as Consultant with VPH.ASX, in order to aquirieren a diamond project. With Elemental of mineral (ELM.ASX) I am to be also transacted momentarily Chairman and thereby a Neuaquisition. Again De Beira was added into Colombia. I will accompany these societies in one semi Executive role. With De Beira we want to do in principle the same as with Moto. We want to be roofridge mover in a country, which the market excluded since a half century, however had outstanding Explorationspotenzial. All companies have a management team in the respective country and are thereby with the exploration activities to be begun.
GOLDINVEST: When are you times again in Germany? We assume that there are not few shareholders, who would be pleased, if they could ask you times directly.
Hitting a corner yard: In the second June week I am short on the through journey. June am I at the end of presumably again in Germany and became very gladly a discussion in larger round the order.
Dear Mr. Eckhof, we thank for the discussion.
K2P Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
