According to the German Bank Commerzbank, the 1980 record gold price of $871 adjusted for inflation would equate to $2,384 an ounce in 2008 dollars (Source: Spiegal Online/International). Even with gold currently fetching more than $1000 per ounce, there is clearly room for further price appreciation, particularly with growing concerns over recession. The underlying factors depressing the U.S. economy appear unlikely to dramatically improve in the short term. Calculations from Goldman Sachs suggest that if banks suffer a $200 billion loss on subprime mortgages, that could stifle lending by a whopping $2 Trillion, and that another $108 Billion-worth of losses on subprime CDOs have yet to surface (Source: "Tightening the Safety Belt," The Economist 11-22-07). As more investors flock to gold seeking shelter from negative growth, there is still substantial room before the current price even begins to approach historic highs.

FIMA, Inc. (OTC: FIMA) specializes in all phases of land development and use in the emerging markets of Latin America. FIMA is engaged in a diverse range of land development and utilization activities, such as the acquisition of raw land and the design and construction of commercial and luxury real estate in the resort regions of Mexico, resource exploration and development in Central and South America, and the acquisition and development of mining properties and mining rights in Central and South America. FIMA Development operates several subsidiaries, including a prestigious architectural design and construction firm based in Puebla, Mexico, as well as an integrated resource exploration and mining company with holdings in the prolific gold- and silver-producing regions of Colombia. Operating through and in tandem with these subsidiaries, FIMA is actively engaged in the location, identification, acquisition and development of promising, undervalued properties, and then developing those properties and/or extracting valuable mineral and energy resources for sale in the robust energy and precious metals markets.

The Los Mates Project in central Colombia has been known since 1946. Recent mineral testing undertaken at the site revealed average concentrations of 8.0 g/ton of gold and 3.0 g/ton of silver. Based on calculations of the size and extent of the auriferous formation, the amount of developed, proven, probable and possible reserves was estimated to be approximately 954,750 tons. Taking into account the average tenor of the mineral, continuity in the enrichment of the reef and with a recovery in the beneficiation of 80% (a figure that could be substantially improved with more sophisticated mining techniques), the Los Mates Project could yield upwards of 7,992.6 kg of gold and silver. Based on current and projected infrastructure and development, the Los Mates Project has the capacity to produce more than 10,000 ounces of gold and approximately 1,500 ounces of silver every year. With current spot prices of gold at roughly $1000/ounce and silver at roughly $20/ounce, this level of production would yield more than $10 Million in gold and silver annually, and even more if the price of both continues to rise.

Because of the tremendous demand for gold and the concomitant rise in gold prices, properties such as Los Mates that have proven and probable reserves have become highly sought after. FIMA and GoldSource are actively engaged in the ongoing process to identify overlooked properties and bring them to production in order to take advantage of the tremendous market opportunities. Recently, numerous South American mining companies have demonstrated some of the remarkable success that is possible in this region. For instance, New Oroperu Resources (NOPUF) and Campania de Minas Buenaventura S.a. (BVN), both operators of gold mines in Peru, have seen their shares appreciate 600% and 166.8% respectively in approximately twelve months. Salazar Resources Ltd. (SRLZF), focused on gold, silver and copper mining in Ecuador, has seen growth of 212.5%, and Exeter Resource Corp (XRA), operating in Argentina and Chile, has been the beneficiary of an increase of 153.9% in share price.