New Island Resources Inc NIREF

RE: RE: RE: Pine Cove and the sellers:

[160k]

They should have bought the Nugget Pond Mill facility for the asking price of 3.5$million by Crew.  It was a genuine steal and then they wouldn't have had to build Pine Cove which cost more and cost the New Island shareholders most of their investment.  I too don't like the closing of the web-site and the inability to open documents on SEDAR.  Unless they are planning to bebuild somehow, if they don't do something soon to get the stock price up to a higher price for them to do a financing to requalify as their initial transaction, they will lose this listing and just sit and burn up the equity that is present in the Company.  Why did they have to sell PXR?  It just hit .08cents and will pop when Tulks gets going.  MOA has great "future" potential and I hope that they can hold their stock in it .  I don't know if they have any ANX stock but ANX looks like it is just now starting to attract new interest with the .09cent trading today May 16/11 and the .085cent bids.  This may be a good sign if it attracts more and more interest and buyers.  They do have some properties of questionable worth including the Nugget Pond property adjacent to the Mill there, I believe so, plus the Labrador uranium properties.  They should be able to do an offering just on the basis of what they hold and if they can find an interesting property to promote, they could raise sufficient funds to restart operations again but there seems to be no motivation to do anything...as usual with this Company.   They must start functioning again or they will be halted from trading.  I don't feel like giving my shares away for .015cents to investors who must see something in this Company or it is a mining company looking to go public and an easy and fast listing onto the public markets.