Email from LEX - IRi wrote an email to the IR with questions about upcoming news and timelines.
here is the answer, i got:
Hello ROHSTOFFBULLE
Thank you for writing Lexam VG Gold Inc. I have to say however that Idont think there is great value in making assumptions about management'swork ethic because you havent received drill news in a time frame youwould like to see.If you have been checking our website from time totime you would observe that there is a very active drill program undewaywith a fourth drill expected by early summer-so the liklihood is wewill have frequent updates going forward. We have a large cash positionin the bank and anticipate spending over $10 million dollars in the nextyear, mainly on exploration drilling. Our properties are located in oneof the most prolific areas in North America for gold mining success andour goals over the next two to three years are to add strongly to ourestablished gold resources;that should result in significant growth inshareholder value too(shareholder value is a major objective ofmanagement by the way). Our largest shareholder is Rob McEwen who is alegend in the mining industry and personally responsible for takingGoldcorp from a relatively unkown juniour gold mining company to onerecongnized around the world as a major gold producer. He owns 27% ofour company ,is also our Chairman, and he owns over 5 million warrantsin Lexam exercisable at $1.00 per share. Rob McEwen is expecting greatthings to happen with our company or he would not have invested with us.His time horizon for progress to occur is over the next two to threeyears. If we are making the strides we believe we can achieve I amconfiident Rob McEwen would excercise his warrants and increase hisholdings in the Company.
I would direct you to the website that is kept up to date and encourageyou to open the link to our recent corporate presentation from the HomePage, which also talks about our goals in the coming year.
Yours truly
David Black, IR.