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[SilentOne]

Picked up 20000 warrants yesterday sub $0.60 CDN. Excellent play here and lots of upside if gold gets in gear.

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Cuts from "A Look at the Warrants"
Dudley Baker
PreciousMetalsWarrants
August 24, 2005
Desert Sun Mining (TSX: DSM and Amex: DEZ) is an emerging gold mining company focused on the re-development of the 100% owned Jacobina Mine and exploration of their 155 kilometre long Bahia gold Belt property in the state of Bahia in northeastern Brazil.

The Jacobina Mine was commissioned in the first quarter of 2005 and commercial production has been declared effective July 1, 2005. The Company expects to produce at 80% of capacity in the third quarter, reaching its full rate of production of 100,000 ounces per annum by the end of the third quarter of 2005.

The Company had $15.9 million cash on hand at June 30, 2005.

I would encourage you to visit the Desert Sun Mining website, for all the details.

The decision is always with the investor as to which investments to make but assuming that you like the Desert Sun Mining story and are considering buying the common stock we would like to take this decision one step further.

Also, Desert Sun will be represented at the upcoming Gold & Precious Metals Investment Conference in Las Vegas, Sept 7 & 8th at the Mirage Hotel. A perfect time to visit and meet the company representatives.

Conclusion:
"We would have to conclude that if an investor is considering the purchase of the common share they should take a serious look at the warrant in lieu thereof. There is sufficient time remaining on the life of the warrants (20-Nov-2008) and there is good leverage over the common shares."

"Remember, warrants are about leverage and we are trying to increase our return on investment. Also something to remember is that warrants are risky, if the price of the common stock is below the exercise price of the warrant on the expiration date, the warrant will expire worthless."

View the whole article at:
http://www.321gold.c...aker082405.html

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cheers,

john