Challenger Development Corp V.CDQ

Another DEAL made Tanzania right in the

[Babu2]

heart of the GOLD MINES area Lake Victoria Goldfields.. Like this property they just need now to start drilling it. Already proven GOLD on the land. JMHO

Gold Mine Resources/Reserves within the Lake Victoria Goldfields.

MINE NAME RESOURCES / RESERVES GRADE / OWNER

1Geita 12.4M oz Au (Total Resources) 3.5 g/t Anglo Gold-Ashanti Ltd

2Golden Pride 393,000 oz Au (Total Reserves) 2.6 g/t Resolute Mining

3Bulyanhulu 12M oz Au (Total Reserves) 12.6 g/t Barrick

4Tulawaka 1.7M oz (Total Reserves) 19 g/t Barrick / Northern Mining Explorations

5Golden Ridge 1.6M oz. Au (Total Resource) 1.4 g/t Barrick

6North Mara 3.2M oz Au (Total Reserves) 3.5 g/t Barrick

1. Anglo Gold Ashanti (Tanzania Country Report, 2007)

2. Resolute Mining website, 2009

3. Barrick website, 2009; Mining Review Africa, 2007

4. Lake Victoria Mining Company website, 2009

5. Lake Victoria Mining Company website, 2009

6. Mining Review Africa, 2007

Above information taken out from NI 43-101 Technical Report. Read it you will know more about CDQ.

https://www.challenger-development.com/pdf/Buziba-Busolwa-43-101.pdf

[gurcey]

It looks promising!So, why huge sell off ? PP is at 0.35 and they stated tstrongly hat they intend to complete this financing very soon. So, why dumped to 0.255 cents level? just because of lawsuit action? I dunno, we will see.