Resource Capital Gold Corp GDPEF

RE: SSYS keeps going! RI keeps dropping!

[lmcbain]

Lenny,

I have taken part in the discussions over the past few months and have made no bones about the fact that I expected (with good reason) to have seen a price increase by now and have not been able to clearly identify why the delays have occurred. As for my assessment of the company, I stand by it - there is a good executive in place, an excellent field team in place and the projects appear to A> be legitimate and B> have excellent potetential to represent sizeable resoruces. I am disappointed in the SP as much as anyone and am bothered by it, as we "if" all of the efforts have been undertaken as described we should have seen it; however, nothing is a given and RI is by no means the only good company, with good projects, that has been experiencing either a stagnant or negative market position. That is NOT meant as an excuse, just an observation.

I personally believe that we are seeing a deferral of the marketing that is in some way intentional or at least purposeful, I just don't know to what level or why. As for the financing from December, I maintain that it was not done strictly for the cash and that there were other reasons for it. Having said that, those reasons have obviously not yet materialized, but we are also only just now coming up on when those shares become free trading.

Salut,

Leigh McBain