After meeting with my friends and advisors from China and Hong Kong it became apparent that our company would take on the role of a Holding Company. As the details unfold it will be very clear to shareholders that they will benefit from the diversity. One of the benefits of structuring our company as a Holding company is it makes raising capital much easier as it has a diversity of assets.
I was presented a opportunity to participate in a project that has has been a life long passion of mine. I made the decision to include it in our company. I believe shareholders will be as excited as I am about the project. I will provide more details in the coming weeks.
For the Rich Lake Property we have selected the “Qualified Person” to complete the NI 43-101. Mr. John C. Archibald, B.Sc., P.Geo., F.G.A.C., A.P.G.O. He has 35 years of experience as a geologist where he has managed all prospecting activities and was responsible for numerous NI 43-101 Reports for Securities Commission compliance. Mr. Archibald is a Member of the Ontario Prospectors Association (Southern Ontario Branch) and is a Fellow in the Geological Association of Canada (FGAC).