Dear Shareholders and Friends,
 
Louis Goluboff, Managing Director of Emerald Capital Investment International, highlighted
 
NFX Gold and Eloro Resources in a recent interview with Streetwise Reports. In the interview,
 
Mr. Goluboff talks about the influences and pressures weighing on the precious metals sector and
 
tells us why he thinks the juniors are a good play and comments on specific gold mining stocks.
 
Emerald Capital Investment International is newly launched financial consulting firm. Its flagship
 
fund, The Emerald Explorer Fund, focuses on mining and exploration primarily in the Canadian
 
resources market.
 
I thought you would be interested in reading his comments which are provided below.
 
Regards,
 
Thomas Larsen
President
 
Mr. Goluboff's Comments:
TGR: Are there any other companies you especially like?

LG: Eloro Resources (ELO: TSX.V). We really like Eloro at these levels. They have a strong group of properties and claims and you get diversified exposure, since they have multiple holdings-copper, gold, and uranium projects. This gives you a bit more diversification than some of the other stories that are pure gold plays or base metal plays. The company has been getting encouraging results on the Hurdman Zinc-Silver project. Eloro is in mining friendly areas-Quebec and Ontario-and they've got strong management and technical people.

They're in the Otish Mountain Basin, and there's been some significant results coming from that area. It's very close to Strateco's uranium discovery, and similar to properties in the Athabasca Basin. They still have more work to do on that property, but certainly there's a lot of exploration going on there, and Cameco and Areva are both active in the area.

On the copper side, in the James Bay area, they have 19 properties.. They should have a resource calculation soon on some of their properties, and once you get to the resource calculation, then people have a better way to value the company.
 
To see the entire interview click here: http://www.theaureport.com/pub/na/1402Mr. Goluboff's
 
 
 
 
 
 
 
 
 
 
Comments:
TGR: Do you have any specific companies you could discuss for our readers?

LG: NFX Gold Inc. (NFX.V) is a perfect example of a junior exploration company in the gold sector that's really been hurt by the downturn in the junior equity markets. You can find a real upside in stocks like NFX. Their 52-week high was at $1.25, and they're down to $.45 today. The junior market revolves around finding potentially good deposits. NFX has a joint venture with Maximus at Larder Lake and their recent results point to a significant deposit three miles west of the old Kerr Addison Mine, which was an 11-million ounce producer. That's not their only potential. They do have joint ventures with other companies, but certainly this is their most interesting. They have a 40,000-meter drill program going on right now in the area in a previously significant gold camp. It's in northern Ontario-a mining-friendly district. Sometimes half the battle is getting drills on the property and good people. There are a lot of good people in Larder Lake and the surrounding areas.

TGR: Do they have drilling results?

LG: They just completed a drill program this past winter on Bear Lake and the early results have been very promising. As they continue to drill, they can then start to get a resource definition.

TGR: Is there a projected date for that?

LG: They will release the rest of their drill results and then they will be able to start drilling deeper. First you drill at surface, then you drill at depth, and then you prove your resources, probably by the end of the year.
 
To see the entire interview click here: http://www.theaureport.com/pub/na/1402