Vaaldiam Mining Inc VAALF

RE: RE: oh well

[rojo1]

Hey All

Does anyone else feel we are getting the short end of the stick here? We are the ones that have the potential income producing mines, a higher share price when the deal was made and consistently higher comparative share prices all along yet we take the 20% haircut in this deal. I for one was holding for the eventual reopening of the diamond mine and associated SP increase. TIO does have the cash to kick start production but I feel we VAA holders are funding more than our fair share including "debts" owed to VAA management and the 20,000,000 "Stock Incentive" paid to TIO management on Feb 3rd 2010 through issuance of more shares. On top of this all there will be a stock consolidation further decreasing our leverage in any future SP appreciation. I know VAA was strapped for cash but I think with a little creativity management could have got enough together to reopen the mine and get some income flowing. I for one am not happy with this deal and I feel VAA management is selling us down the river so to speak.

If anyone can explain this "capital reduction resolution" in plain english, as it doesn't sound like it has any benefit for us, I would appreciate it.

Rant over for now...thanks for listening!