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SPECIAL ANNOUNCEMENT

Report facts
DateMay 15, 2008

Dear Readers:

After more than two years of preparation, planning and hard work, “THE MELMAN REPORT” has scheduled the transformation from an “under construction” status into full operation, effective May 15, 2008.

In its completed version, “The Melman Report” will consist of the following:

A - “Melman Minutes”, written each business day by your editor and containing timely comment on market direction consistent with our overall published philosophical positions.

B - “Weekly Comments”, written each Monday and will contain a review of market actions during the preceding week and also look forward to anticipated developments in the coming week.

C - “Melmania” studies, written on an as-needed basis to develop commentaries on specific subjects relating to the junior mining share world on such topics as “Gold versus Paper money” or “Commentary on relatively poor mining share performance”.

D - “Archives” of Mr. Melman’s past writing, accumulated over the past 23 years in publications such as “ICMJ’s Prospecting and MINING Journal” (formerly “California Mining Journal”), Resource World, “World Mining Stocks” and several others. These will be filed by subject index and arranged by date of original publication.

E - Special studies created for Mr. Melman’s public speaking events including titles such as “Four Dynamic Trends” or “Golden Bull Markets of 1980 and 2008 compared.”

F - Corporate section where client companies will each have a “Corporate Page Section” which will include a short summary report of the company, an in-depth study, a “review and recommendation” page, updated reviews each three months and links to the corporate websites and e-mail addresses.

Sections A,B and C will be accessible by subscription at an introductory rate of $149 (either US or Canadian currency) for the remainder of 2008, with renewal at that rate guaranteed for an additional year. Beginning January 1, 2009, the rate will increase to $199 per year.

Sections D, E and F will be accessible to the public without any charge.

Yours truly,