In the future I will not respond to most emails. I can be reached by telephone. Also I will be in Germany at the end of October and then in Munich November 2 and 3 at the Precious Metals show.
We will have regular news flow via press release from our drilling operations, as we have drills scheduled to be operating over the next 18 months.
I was in New York last week meeting gold investors and they believe that a bull market for gold shares is about to begin. Big Canadian investors also believe the bull market for gold shares is about to begin and they are most interested in drilling results.
The government is being very slow (much slower and more difficult than 2 years ago) with issuing permits. We will get them one day, but unfortunately I can not say when. We are very dissapointed with the government, but we have no control over them.
We will have some property report updates, but they are regarding mining costs. These will not include resource updates. No resource updates are planned until more drilling takes place, so many months in the future for any resource updates.
So, the most important issue for the share price is a combination of company drill results, plus increasing capital flows to the gold sector that should generate a good bull market for gold shares.
-----Original Message-----
Date: Thu, 04 Oct 2007 13:08:16
To:tmeredith@vedron.com
Subject: Investors Relation
Dear Mr Meredith,
My name is xxx I´m a german shareholder of your company representing a small german shareholder community. I just have a couple questions for you concerning the Newsflow of VG Gold Corp.
In one of your endless emails you answered to other german shareholders you told us the with the nest newsrelease (September 6) VG starts a Newsflow really for 18 month. But at this time your rally stoped already as some of us believe. In some german Bullboards people say the VG is a fake company and never starts production. I´m always telling these guys, that I´m holding on to VG and believe in the production this year. The shareprice is pending between ,30 - ,34 Cad$ since your last News release which is basicly alright but a little bit of imput from your site could help to rise the shareprice, I believe.
So when can we count with the Resourcesupdate and even more important with the mining permit? Do you believe starting production this year? In my opinion it could be difficult starting an open pit production in wintertime because of the weather. Do you see the canadian snow as a problem or are you aware of the weather problems?
I´m looking forward to your answer and maybe we meet each other in Frankfurt end of October. I know it`s proboply a pain in the ass for you answering tons of Investors Emails but I hope you understand our concerns causing the Newsflow and your on track with the production.
Best regards