Please contact the company directly after this date,

Sincerely,

AGORACOM

The following five year chart illustrates how far these stocks have fallen.

As you see the RSI above is below the 25 level (black circle) for the first time in five years which is proof that this is a deeply over sold sector. Note: the Australian XGD (gold index) is weighted and dominated by the heavy weight gold miners and this tends to hide the true state of the rest of the sector. Thanks to Nick Laird at Sharelynx for this chart series which are available for reference at the Gold Index page in GoldOz and in much greater depth / variety at Nicks site.

Looking back gold was $US 347 back at the beginning of this chart but more importantly the AUD gold price was $533 at that time (at 65c to the USD). This provided little room for profit margin for most companies.

Cost of production at $500 provided a $33 margin which was not exactly robust or safe to invest in. The lending institutions insisted on hedge books and stock prices were poor. Things have changed dramatically and even with a new cost of $600 per ounce there is now a margin of $AUD375 an ounce which is over 11x the $33 margin of 5 years ago in this example. This example of a new indicative profit margin is now wide enough to provide a safe margin for a reasonable variation of price and cost.

There is another significant factor at play on the positive side. These mining operations have been making great strides in terms of understanding their ore bodies and ground positions. They have also made great progress in improving the JORC (Australian reporting standard) status of their resources. Then you have to consider the operational improvements along with key operational stages which are advancing. By this I refer to movement from development ore to stoping (underground mining method) operations with a corresponding increase in volume and grade. It also means a shift from open pit to underground ore in other cases. As production increases for these smaller stocks their own leverage to the gold price escalates as unit costs are lowered and capacity to unlock hidden resources is liberated by the additional cash flow.

I have long stated that the business of mining is quite separate to the trading that occurs in the shares in these stocks. This has not been as obvious for several years as it is right now. Many investors have written to me asking why the price of companies are not reflecting the current price of gold - so the best way to cover this is to put my answer in an article for anybody to read.

Share transactions are essentially a derivative of the business of mining. The ownership shares in these stocks fluctuate on news, sentiment and aggregate perception of future or current earnings. Therefore fundamental analysis is not the only answer – hence the current lack of correlation to the gold price. Technical analysis is not the only answer either and especially for smaller turn over circumstances. For T/A to be more accurate you need large volume in the same manner that predictive statistics used in surveys need population size to get a more accurate picture.

Many of these smaller producers do not have large cash reserves or highly solid balance sheets however they do have cash cover and prudent management with a clear understanding of risk management and how to run on the “smell of an oily rag” – cheaply. They have had to be savvy to survive and grow their businesses. Many have greater potential than most investors can imagine due to two important factors – leverage and organic growth off a low base. Much easier to get a ten bagger out of a perfectly sound stock with a market cap of $40M - $100M that has all these right elements going forward. Links to editorials that link to the web sites of two examples of this type of situation are included at the base of this article however the list is not exhaustive and your own DD is essential.

Sovereign Risk and More on Global Sentiment

You have to be mindful of risk and this is also a lesson learned and repeated over and over by the banking industry over time as they move from over easy credit and greed to restricted credit and fear along with the business cycle. An important aspect of risk is Sovereign Risk which is measured by political stability, business climate and currency / repayment risk. This is not effective as a predictive mechanism however because crisis events manifest quickly even if they do evolve slowly. The Asian and sub prime crisis events are perfect examples of this point.

The mechanism of Sovereign Risk Rating does offer useful comparison on a country to country basis (also across time) and provides an easy to measure quantitative approach to measure safe investing regimes. However such rating systems can also be over simplistic and the weightings of the various factors do not necessarily reflect their individual influence on risk. This is not to invalidate this rating process – merely to recognize its efficacy (or ability to be effective, produce the desired result).

A combination of many of these types of analysis however can be combined to form a more useful and accurate picture of Country risk and potential compatibility for your hard earned investment capital. From an institutional risk rating system in 2007 - a score of 1 being the highest ranking down to 100 being the lowest - Australia scored a rank of 18 which was highly credible.

Australia also has asset backing in terms of our mineral wealth which is comforting, like a strong company balance sheet – and an optimum A1 Coface Credit Rating for 2008 which is the top rating. Another index that essentially measures the integration or interface of a Country into the global market place is called the Globalization Index and Australia ranks highly again at 13th in the world.

On a Competitive Scale Index Australia ranked 12th in the world and in terms of doing business here the World Bank rates us at 9th from the top position. An Economic Freedom Index rated Australia at number 4 ahead of the USA, Canada, Chile, Switzerland, the UK and Singapore. The UNDP Human Development Index which essentially measures quality of life and purchasing power parity rated Australia at number 3 in the world only behind Iceland and Norway. Source: MH Bouchet / Ceram – Global Finance.

Australia is a great place to live in and invest capital by all of these standards and this is why I absolutely question the validity of the international investment sentiment in our gold and broader mining industry at present, particularly the mid cap and emerging gold producers.

As corporate activity, technology and resource demand continue to shrink the meaning of sovereign boundaries between nations we will gradually move towards equilibrium of all sorts of things. The financial world moves the fastest (usually) and I refer to international stock markets following the Dow, banking regulations, broad contagion of sentiment particularly, even fashion and diet (and weight problems) as the Corporate machine moves forward towards One World.

Of course resources are internationally priced, varied only by exchange rates and price rises in commodities have outpaced any and all currency strength as a trend and I for one believe this trend will continue. Equities have been out of favor and financial conditions precipitated by the sub prime debacle have forced stocks out of many weak or unfortunate hands. This is going to be regretted as the savvy have accumulated the soon to be coveted Australian precious metals sector.

What to do and how to do it – and when?

I cannot predict the beginning of this event for you at this time although I do currently see signs of absolute bottom for many of these stocks – the rally is getting closer and it will most likely start with mini waves. For the less able, financial and or risk tolerant you may wish to wait and watch for confirmation of the turn over the coming weeks or months. You will miss the powerful leverage gained from being the first on the scene which can only be enjoyed by the liberated true contrarian.

From experience I notice that this current share price behavior is just now beginning to resemble pre-rally traits. Stronger mornings led by pull backs to early morning levels and mixed cross sections of rises sufficient to notice that all is no longer falling. This went on for several weeks at this time of the year in years gone by – years that eventuated in strong rallies. But the question is what do you have to do to find the right investments?

You have to get data and do the research – there are many sources of this type of data and we cover Australia as a specialty. We have been busy preparing a treat for our public visitors and subscribers, both extant and new over the past few weeks and many will not have noticed due to the lack of interest in this sector – a good sign actually.

You have to have a broad knowledge of the sector. We have created a guide to the Australian mining industry by grouping the key producers that specialize in gold, the developers of new mines and the leading explorers into separate pages at the site. A separate page lists many of the more advanced companies involved in PGM and silver activities. This investment research tool also links to stock prices for international investors or those that want a simple Company guide and access to share price data.

You have to understand the currency implications of your investment. We have also added currency conversion facilities to assist offshore investors to evaluate value in terms of their own currency. You have to understand the ground positions of Companies and profitability of the operations so we created a monster mines guide and links to Australian mining authorities for deeper research.

We added links to Australian brokers and other educational sites including the international gold sites that have done so much to inform about and alert investors to this bull market to date. We are all (gold industry writers, miners, analysts) working hard to bring you the message and cover the topics and provide prudent analysis.

We will be locking many of the more specialized pages away for the eyes of subscribers only in the near future as we add greater levels of data but for now it is all accessible and free. Readers at this site are welcome to stop by and search through our resources if they wish. Global financial conditions are still in favor of gold, silver, PGM’s, new cleaner energy solutions and all commodities.

Good trading / investing.

Regards,

Neil Charnock
GoldOz is currently developing a Member area and building further resources for free usage. Gold mines and gold province pages just added and being expanded.

The prospect of new Central Bank sales of gold to try and contribute to dollar stabilisation is likely to be under consideration. Will this happen, and, if it does, what will be the likely effect on the gold market?

Author: Lawrence Williams
Posted: Thursday , 17 Jul 2008

LONDON -

Following various pronouncements in Washington and elsewhere there seems little doubt that moves are being discussed to try and halt the greenback's seemingly ever-spiralling downturn now that the Fed is beginning to concern itself with inflation. This may just mean US interventions in the markets to buy dollars, but could also be the prelude to some concerted sales of gold into the market as higher gold prices are themselves seen as an indication of dollar devaluation (which indeed they are) and so the feeling among some Central Bankers is that a gold sell-off will in turn help stabilise the dollar.

This may well occur. Be warned. There are enough gold disbelievers in the sector to make it happen. But one suspects it will be of little use in the medium to long term. The U.S.'s economic malaise cannot be halted by selling the best indicator out there of dollar weakness. The weakness goes far deeper structurally into the American dream which up until the second half of last year had been boosted by virtually unlimited credit, a significant proportion of which was being taken up by those who could least afford to repay it in a downturn. Unfortunately the American dream has de facto become a global dream as the world's economic powerhouse has aggressively exported its ideas of capitalism (behind the smokescreen of democracy) all around the world - sometimes by force where it has seen its economic interests and security threatened.

The banking and investment sector - particularly the former - has to take a huge amount of responsibility for what has occurred. Traditionally an ultra-cautious sector, this caution seems to have been thrown to the winds in the name of ever increasing profits as enormous sums of money are moved around and where even a fraction of a percentage turn on which is worth billions of dollars. Perhaps the problem is that investment banking these days is largely populated by the young and overly-aggressive, dazzled by riches beyond belief and corresponding greed, with corporate bonuses running into sums which seem to exceed the GDP of some countries! Most of all they are those who have no prior experience of a really serious downturn.

The culture is alarming to the person in the street who only earns a tiny fraction of the kinds of sums available to those with few scruples and mega incomes and who may look down with disdain on those who have not selected careers which can generate such extremes of wealth.

Perhaps this is a little unfair and is only painting a picture of the extremes in the sector. There are still plenty of traditional conservative bankers around who are probably just as horrified at some of those they have to rub shoulders with and whose warnings have gone unheeded. They are taking command now and some of their cautions in dealings with fellow banks are perhaps at the root of the credit crunch which means that almost all risk elements have to be removed before loans - corporate and personal - are approved.

But there is still a debt mountain out there and credit card issuers have to be the next area where some financial collapses have to be on the cards as more and more individuals default on credit card debts - a worrying parallel with the mortgage defaulters who have dominated the analyses so far and who have precipitated runs on banks and savings and loans (building societies to us Brits).

But we digress. Will the bankers sell gold to try and reverse the dollar slide? And if they do will it make any serious difference to the gold price, or the dollar, anyway? Short term negative gold price impacts may result, but overall the fundamentals behind the dollar weakness cannot be undone by such an artificial procedure. Indeed if such sales are made openly, and the gold price is not significantly affected, which has to be a possibility, then the dollar may be seen as being even weaker still.

What is likely to be the dollar saviour in terms of currencies like the Euro and perhaps the Yen, is that the US has very successfully exported many of the problems it is currently facing to the Euro zone and elsewhere and only now is the true impact of the financial crisis in these areas beginning to sink in. We are seeing housing price collapses in some European countries - the trigger behind the US downturn - and as the US economy begins to stabilise, which it probably will, the downturn is beginning to get under way elsewhere and other economies will weaken. That may be what truly halts the dollar slide.

Another factor which could impact the dollar positively, and gold negatively, is a bursting of the oil price bubble. Gold has moved up with the oil price and it may move down with it too until it eventually is likely to decouple and find its own way. This has already been seen in the past couple of days and something we warned about here only a couple of weeks ago. See: Is gold too low compared with oil - or is it that oil is just too high?

Although Paul Walker of GFMS recently told Moneyweb/Mineweb his research group is not seeing a decline in gold production worldwide, it is not seeing an increase either which would seem strange given the big rise in the gold price over the last few years. Indeed it would appear that the gold mining sector is facing difficult times and if the returns are not there we are going to see production decline anyway. It's a fine balance between price and production and with bankers being over-cautious with their loans we are certainly going to see a number of what would have seemed to be probable new gold mine developments and expansions curtailed, deferred or postponed indefinitely.

This alone would help mitigate the impact of any Central Bank sales, while the investment take-up of physical gold through ETFs has become an almost overnight phenomenon. It is again becoming respectable (and much easier) to hold a direct investment in gold bullion and with more and more institutions beginning to recognise the value of holding gold as part of a balanced portfolio there is likely to continue to be growth in this sector of the market.

So, should Central Banks sell gold to try and help stabilise the dollar, apart from some short term dips around the gold sales themselves, it is likely the markets will absorb whatever is thrown at them. This would be either through a decline in production and continuing increasing investment demand, not to mention some likely purchases by some central banks which a) believe in gold and b) feel they need to hold more of their foreign exchange reserves in some currency other than the US dollar - and in this respect gold definitely counts as a currency.

While there may be a negative impact in that gold might not move upwards as fast as some would predict, longer term fundamentals look good for gold and with economic instability likely to continue for some time one has to remain positive on the price.

The Company paid a finder's fee by the issue of 300,000 common shares.

The MineralFields Group purchased $480,000 of this Private Placement with one other party purchasing the remaining $240,000.

"We are very pleased to be entering into this relationship with MineralFields Group," said Scott Angus, President and CEO of the Company. "This is an important milestone in the growth of Rolling Rock Resources Corporation and we look forward to working with MineralFields Group as we explore our Domain property in northern Manitoba."

Proceeds of this Private Placement will be used primarily for continued exploration of the Company's Domain property.

About AGORACOM Investor Relations

For all future Rolling Rock investor relations needs, investors are asked to visit our IR Hub at http://www.agoracom.com/IR/RollingRock where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors.

About MineralFields, Pathway and First Canadian Securities(R)

MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities(R), a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, with investors both within, and outside of MineralFields Group.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Rolling Rock Resources Corporation:

Scott Angus (604) 488-1456

Dear CIGAs,

Nothing happens by chance! Please consider the following:

An excerpt from the below Reuters article:

"Small and medium-sized miners and juniors who are still in the exploration stage, are the easiest targets for bigger companies, but the acquisitions wave won't likely stop there, THEY SAID.”

Why is it that amongst companies active in minerals, it is primarily and almost only precious metals shares that are under severe selling pressure?

Why is it that companies active in other mined products or co-products as below have their shares in major demand?

Did gold not rise from $248 to a high of $1033, yet even then the hammer was being applied to gold shares, especially those that hold the potential and promise of new production, as production declines?

Is there not a glaring example of a mined product in the form of potash this week? Did not an IPO in a mining company specializing in potash used as a fertilizer open up above its issue price by 58%?

Chemically, potash consists of potassium carbonate, but also might contain potassium oxide or potassium chloride, depending on how pure you consider the mixture. Usually, potash takes the form of powdery salts. Modern methods of extraction almost all rely upon deposits mined from ores, like sylvanite.

Nowadays our potash comes from mining and goes toward inorganic fertilizer rich in potassium.

Why are other mining entities acting so well, especially those with the following significant products:

• Antimony
• Beryllium
• Cadmium
• Chromium
• Cobalt
• Manganese
• PGMs
• Rhodium
• Tungsten
• Vanadium

How about simple iron ore and all those involved in all the criteria of exploration and development of crude oil? That is an extractive industry as is precious metals mining.

Your answer may be that gold is different but it is not. You might say others think that gold has topped, but it hasn’t.

The stimulants economically are the same for potash, iron ore and the other items listed above as it is for gold. It is the growth in Asia, the consequences of the effort to maintain the social order as the financial order implodes, and the condition of the US dollar.

Nothing happens by chance but for argument sake lets call it an opportunity to be seized. Many junior gold companies are so depressed that they are worth more dead than alive.

Gold and other metals shares are depressed so that they are selling well below their “Asset Vale.”

Asset Value is something that 3.7 generations have not taken into consideration where price is concerned. You may recall that I suggested to you that one major company would consolidate the industry. Keep that concept in mind. Major gold producers are in need of new production. This is FACT.

South African companies are in need of major projects OUTSIDE of the RSA. For the RSA gold producer there is no expansion of reserves in RSA because, even if they have it, they cannot produce it as the energy situation is already stressed beyond demand. This is a long-term problem unfortunately.

The major consolidator of the Gold mining industry may have gotten too greedy in waiting for future reserve properties to become ever cheaper and cheaper for acquisition or joint venture.

The game being played by design or serendipity is to depress the juniors or to take advantage of the decline in the juniors as a result of the poor share price action through starving the junior or explorer of financing.

Depressing the price of the shares of most junior situations results in starving precious metals juniors of financing and their shareholders would be ripe for a bid for the company at a price much lower then their highs when gold was at $600. It may also make the smaller company eager to make deals at less than advantageous conditions for their investors.

The key here is that the gold producing industry is in need of new resources as present resources are depleting. That is fact about which there is no question whatsoever.

It is much cheaper to pick up a property or entire company in a financially stressed condition because it cannot publicly finance for continued operation.

Let’s call the situation the taking advantage of a serendipitous development. To others it looks like the consolidators are holding a smoking gun. The weakness in this strategy is the advent of new competition for minerals internationally, primarily from Asia and the Middle East.

The Saudis and the Chinese are actively looking for mineral prospects from industrial to precious metals, from strategic metals and material to rare earths and beach sands, having publicly said so at top executive levels.

The major industry consolidators now have competition from companies with more liquidity and NO need for debt to take any property to production.

The advent of this new competition may well trump the western companies some feel are holding the smoking guns.

This competition from Asia and the Middle East may accelerate the consolidator, whose timing is a greed driven desire to get properties so cheap they might be considered free, to move sooner than later.

To call attention to the factual nature of this analysis please read the following article posted here April 11th this year regarding the stated interest of a major Chinese company given publicly at a recent professional mining conference and quoted therein.

Please note the all-important statement given by a top executive of the Chinese company:

"Small and medium-sized miners and juniors who are still in the exploration stage, are the easiest targets for bigger companies, but the acquisitions wave won't likely stop there, THEY SAID."

Click here to view the full article

Scott Angus, President of the Company, stated that: "this 2008 winter program was designed to both follow up favorable drill results from previous drilling and to test undrilled projections of known mineralization that are strongly supported by airborne and ground geophysics. The drill results suggest that gold mineralization in the B Zone is increasing in width and grade to the northwest with the better values as listed above occurring in the westernmost 220 metres and that a significant drill program is warranted to follow up these very encouraging results."

This program which consisted of 2,654.5 metres of diamond drilling in 17 holes returned significant gold results from 8 drill holes on the B Zone. Drill intercepts from the B Zone follow:

Please click here for Assay Table

Of particular significance is that the B Zone remains completely open along strike. The interval in drill hole RR-08-20 is from the most north-westerly hole completed on the zone to date. The B Zone, which is presently defined by drilling over a strike length of 700 metres, is reflected by a strong ground electromagnetic and magnetic geophysical signature which continues for at least another 350 metres along a strike in a northwesterly trend. Drill holes RR-08-11 to RR-08-18 and RR-08-27, which were drilled to the southeast of the B Zone, intersected sections of silicification and mineralization; all returned values of less than 2 gpt gold. In addition to the B Zone, the Domain Project covers a number of geophysical anomalies suggestive of mineralized structures that are untested, and a number of zones with known gold intercepts that warrant additional drilling.

Anomaly A, located approximately 100 metres to the north of the B Zone, is currently the most prospective target. Previous work outlined a 1.8 kilometre coincidental magnetic and VLF-EM conductor. Drilling of a 100 metre segment of the trend by Canico in the late 1970's and mid 1980's intersected anomalous gold values in all four drill holes. Results included a 4.6 metre intercept averaging 4.60 gpt gold and a 1.32 metre intersection averaging 12.59 gpt gold. Historic exploration data was collected before the introduction of NI 43-101, and is presented for information purposes only. The Company has no way of verifying the results and the historical data should not be relied upon. The property is host to numerous steeply dipping, northwest trending gold-bearing structures up to 3.5 kilometres long and at least 100 metres in down-dip extension. These structures are associated within silicified zones containing variable amounts of pyrite, pyrrhotite, magnetite and arsenopyrite coincident with extensive ground and airborne geophysical anomalies and are structurally and geologically comparable to Rolling Rock's Monument Bay property located 150km to the east.

Monument Bay hosts a January 2008 NI 43-101 compliant inferred resource, using a cut-off of 3 gpt, of 4,888,000 tonnes grading 6.01 gpt contains 944,000 ounces of gold. Rolling Rock is highly encouraged with the results of the 2008 exploration program and in the Company's opinion a significant drill program is warranted to follow up these very encouraging results. Rolling Rock is presently earning up to a 65% interest in the Domain Project from New Dimension Resources (TSX VENTURE:NDR) and a joint venture will then be formed to continue exploration.

The Domain Property totals 14,000 hectares situated in the Gods Lake greenstone belt. It is located 15 kilometres east of the community of Oxford House and is accessible by winter road. Oxford House, with a population of approximately 2,500 people, has good infrastructure, including hydroelectric power and an all-season airport with daily flights to Winnipeg and Thompson.

Quality control on the Domain Project includes chain-of-custody protocol as well as systematic submittals of standards, duplicates and blank samples into the flow of samples produced by drilling. At Domain, drill core is sawn into halves with one half being sent for analysis and the other kept for future reference. All samples are prepared and assayed by TSL Laboratories, Saskatoon, Saskatchewan. At TSL, samples were fire assayed using a two assay ton sample. Samples that assayed greater than 30 gpt gold were submitted for screen analysis.

A technical report in compliance with NI 43-101 on the Domain Property authored by J.T. Shearer M.Sc., P.Geo. dated August 21, 2005 can be viewed on Rolling Rock Resources company profile at www.sedar.com A map showing the drilling will be available at www.rollingrockresources.com

The Qualified Person for this project, who has verified, the technical data in this news release is J.T. Shearer, M.Sc., P.Geo.

Rolling Rock is a junior gold exploration company focused on acquiring and developing projects throughout North America. Its largest shareholders include Kinross Gold Corporation and Zinifex Ltd. Rolling Rock is a Canadian exploration company focused on acquiring and developing mineral resource projects. Rolling Rock has two gold exploration projects in Northern Manitoba: the Domain Property and the Monument Bay Project.

Rolling Rock Resources Corporation Scott Angus, President & CEO

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.

For more information, please contact Rolling Rock Resources Corporation:

Roger Blair(604) 488-1456

Email: info@rollingrockresources.com

Website: www.rollingrockresources com or

http://www.agoracom.com/IR/RollingRock

Dear RLL Shareholders,

In our ongoing efforts to provide market information and/or commentary, we are pleased to provide you, with Industry Sector Bulletins discussing current market opinions and/or conditions that affect the price, use and supply & demand of Gold.

AGORACOM Interview: Jim Sinclair Issues $1,000,000 Challenge To All Gold Bears

Good afternoon to you all. The title is neither a mistake, nor a gimmick. Jim Sinclair, whom the NY Times referred to as “perhaps the best-known gold speculator of his era”, has built a legendary reputation for his gold market calls since the 1970’s. For example:

• In the 70’s he predicted that gold would hit a high of $900 (it hit $875)
• Achieved his renown status when he sold 900,000 ounces of gold at an average price of $810 in early 1980, when gold was capping a decade-long bull market that commenced in 1971
• Called for a 15-year bear market in gold (it lasted 21 years)
• Has been a buyer of gold since it hit $250 in 2001
• Predicted that gold would hit a high of $1,650 in this cycle, since 2003.

PYMWYMI - $1,000,000 ChallengeWith gold now about 10% of its $1,030 high, gold bears are saying the party is over thanks to a recovering US financial sector. Jim thinks otherwise but rather than wasting time “flapping gums” he is exercising his right to PYMWYMI (Put Your Money Where Your Mouth Is) and challenging any bear to do the same by laying $1,000,000 on the line.

It looks like Jim is specifically hunting for big game by targeting “any party on Bloomberg, CNBC or CNN Business“. I don’t know about you but I personally admire anybody who will man up and lay down that kind of money to back up his words. Right now, Jim Sinclair is the Muhammad Ali of the markets for going beyond plain predictions and providing specific details of his victory.

THE AGORACOM INTERVIEW

After first hearing about the wager on my friend Barry Ritholtz’s blog, I had to know more and decided to call Sinclair directly. We had never met before and he was reluctant at first to conduct any kind of interview, stating “I didn’t do this for publicity, just tell your audience about the wager”. No publicity? Now I couldn’t give up. After 10 minutes, I convinced him that my intent was not to glamorize the bet - but to uncover his reasoning behind his gold call. … I also told him I was 6′4, 240 lbs and had a great working knowledge of Google Maps, so he finally agreed. I interviewed him this morning at 11:00 and discovered this was no conspiracy theory ladened gold bug. He was incredibly well reasoned and even sympathized with Ben Bernanke and his actions, however futile they may be. Yes, the sky is falling but he prefers it wasn’t happening. He isn’t cheering for gold to advance as a result of a crumbling US Dollar but his logic tells him it is simply a consequence of events and policy that started with Alan Greenspan. I could put together a highlight list but it would not do Jim’s words any justice. This is one interview you have to listen to. Having said that, I will provide you with one provocative morsel:“What else is there to do? If they stepped away right now and let Bear Stearns go broke, the ramifications for the man walking on the street is he should walk straight to the soup kitchen.”

I look forward to your comments.

Regards,
George

In an effort to keep you up to date on all pertinent information regarding the resource sector, please take a moment to read today’s AGORACOM Blog.

Bear Stearns Is Crashing On News Of Emergency Funding - Gold Firmly Breaks $1,000

Click here to read the blog in its entirety.

Regards,

AGORACOM

In an effort to keep you up to date on all pertinent information regarding the resource sector, please take a moment to read George's Blog at AOL.

http://blogs.money.aol.ca/bloggers/g...

Agoracom

The new estimation increased the inferred mineral resource by 35% to 944,000 ounces gold from 701,000 ounces gold. The resource estimate was made by Thomas C. Stubens, M.A.Sc. P.Eng., Senior Geologist of Wardrop Engineering Inc.

The report titled Monument Bay Gold Deposit; Focus on Gold Inventory Update incorporates all previous work to date including over $28 million of exploration expenditures with over 100,000 metres of diamond drilling. The Technical Report was prepared by J.T. Shearer, M.Sc., P.Geo along with Jose Garcia; the Company's' Senior Project Geologist.

Monument Bay is Rolling Rock's 100% owned flagship project that was acquired in March 2006 from what was then Bema Gold Corporation and Wolfden Resources. Monument Bay is located in Northeastern Manitoba, 350 kilometers southeast of Thompson. Red Sucker Lake, with full hydro electric power and airport services as well as winter road access, lies 60 kilometers to the southwest. The project consists of 35 contiguous claims and a mining exploration license covering 25,706 hectares in area.

The significant increase in this inferred resource is mainly contributed by additional mineralized volume from the newly discovered Burn Zone, the expanded G Zone and the main body east extension.

------------------------------------- ------------------------

Wardrop July 2006 Wardrop January 2008

------------------------------------- ------------------------ -----------

Cut off K Au K Au Percentage

g/t Tonnes g/t K oz Tonnes g/t K oz increase

------------------------------------...

3 3,379 6.45 701 4,888 6.01 944 34.6

------------------------------------...

4 2,302 7.85 581 2,967 7.66 731 25.8

------------------------------------...

5 1,609 9.32 482 1,936 9.38 584 21.2

------------------------------------...

6 1,195 10.65 409 1,366 11.02 484 18.3

------------------------------------...

7 894 12.05 346 1,008 12.63 410 18.2

------------------------------------...

8 702 13.30 300 776 14.17 354 17.8

------------------------------------...

9 547 14.68 258 604 15.80 307 19.0

------------------------------------...

10 426 16.16 221 474 17.53 267 20.8

------------------------------------...

11 335 17.70 191 381 19.25 236 23.8

------------------------------------...

12 286 18.77 173 314 20.91 211 22.4

------------------------------------...

The mineral resource update, particularly the Block Model, has enhanced the understanding of the continuity, geometry and gold grade distribution for each of the 13 veins modeled in this study of the Monument Bay project.

As recommended in the report, Rolling Rock has now contracted Beacon Hill Consultants Ltd. to carry out a Preliminary Assessment Mining Plan (scoping study). This will determine the economic viability of pursuing underground development work for more diagnostic mapping and sampling of the deposit as well as to serve as a platform for more cost-effective definition drilling to upgrade the resource category and eventually convert the mineral resource to mineral reserve.

Parameters used for the updated resource estimates are as follows:

- The mineral resource in the table was estimated using CIM standard on mineral resources and reserves.

- The total database is comprised of 414 drill holes aggregating 113,703.6 metres (373,061.7 feet) of core drilling.

- Within the area of the resource inventory update, there were 341 holes totaling 96,578.7 metres (316,874.8 feet), of which 38,985.48 metres (127,911.4 feet) of the core was sampled and assayed in accordance with industry best practice procedures. These yielded a total of 38,043 gold assays that had passed industry-standard QA-QC protocol.

- The inferred resource consists of thirteen geologically and geographically distinct mineralized solids (veins) with distinct structural-stratigraphic, alteration-mineralization and sulphide assemblage characteristics.

- Grade interpolation is based on 1meter length composites within each geological unit or vein. The cutting thresholds used in Wardrop's 2006 Technical Report (previously filed on the Company's profile on www.sedar.com) were employed in this study.

- Block models were established in Datamine for each of the 13 veins, truncated at the bedrock-overburden surface, using an inverse distance cube estimation procedure, with directional parameters (distance and direction) based on the attitude and continuity of the mineralization in each vein.

- Block model dimension is 10m by 1m by 10 m (Easting x Northing x Elevation), with sub cell size of 5m (Easting - X) by 0.5m (Northing - Y) and infinite splitting on the Z direction, to best model the narrow steeply dipping veins.

- Only blocks lying within 50 metres of a drill hole composite have been included in the estimate.

Mr. Johan M. Shearer, M. Sc., P. Geo; Project Manager is independent of Rolling Rock and is a Qualified Person in accordance with NI 43-101 and has reviewed and approved the content of this release.

Rolling Rock is a junior gold exploration company focused on acquiring and developing projects throughout North America. Its largest shareholders include Kinross Gold Corporation and Zinifex Ltd.

FOR FURTHER INFORMATION PLEASE CONTACT:

Rolling Rock Resources Corporation

Scott Angus

(604) 488-1456

The new estimation increased the inferred mineral resource by 35% to 944,000 ounces gold from 701,000 ounces gold. The resource estimate was made by Thomas C. Stubens, M.A.Sc. P.Eng., Senior Geologist of Wardrop Engineering Inc.

The report titled Monument Bay Gold Deposit; Focus on Gold Inventory Update incorporates all previous work to date including over $28 million of exploration expenditures with over 100,000 metres of diamond drilling. The Technical Report was prepared by J.T. Shearer, M.Sc., P.Geo along with Jose Garcia; the Company's' Senior Project Geologist.

Monument Bay is Rolling Rock's 100% owned flagship project that was acquired in March 2006 from what was then Bema Gold Corporation and Wolfden Resources. Monument Bay is located in Northeastern Manitoba, 350 kilometers southeast of Thompson. Red Sucker Lake, with full hydro electric power and airport services as well as winter road access, lies 60 kilometers to the southwest. The project consists of 35 contiguous claims and a mining exploration license covering 25,706 hectares in area.

The significant increase in this inferred resource is mainly contributed by additional mineralized volume from the newly discovered Burn Zone, the expanded G Zone and the main body east extension.

The mineral resource update, particularly the Block Model, has enhanced the understanding of the continuity, geometry and gold grade distribution for each of the 13 veins modeled in this study of the Monument Bay project.

As recommended in the report, Rolling Rock has now contracted Beacon Hill Consultants Ltd. to carry out a Preliminary Assessment Mining Plan (scoping study). This will determine the economic viability of pursuing underground development work for more diagnostic mapping and sampling of the deposit as well as to serve as a platform for more cost-effective definition drilling to upgrade the resource category and eventually convert the mineral resource to mineral reserve.

Parameters used for the updated resource estimates are as follows:

- The mineral resource in the table was estimated using CIM standard on mineral resources and reserves.

- The total database is comprised of 414 drill holes aggregating 113,703.6 metres (373,061.7 feet) of core drilling.

- Within the area of the resource inventory update, there were 341 holes totaling 96,578.7 metres (316,874.8 feet), of which 38,985.48 metres (127,911.4 feet) of the core was sampled and assayed in accordance with industry best practice procedures. These yielded a total of 38,043 gold assays that had passed industry-standard QA-QC protocol.

- The inferred resource consists of thirteen geologically and geographically distinct mineralized solids (veins) with distinct structural-stratigraphic, alteration-mineralization and sulphide assemblage characteristics.

- Grade interpolation is based on 1meter length composites within each geological unit or vein. The cutting thresholds used in Wardrop's 2006 Technical Report (previously filed on the Company's profile on (www.sedar.com) were employed in this study.

- Block models were established in Datamine for each of the 13 veins, truncated at the bedrock-overburden surface, using an inverse distance cube estimation procedure, with directional parameters (distance and direction) based on the attitude and continuity of the mineralization in each vein.

- Block model dimension is 10m by 1m by 10 m (Easting x Northing x Elevation), with sub cell size of 5m (Easting - X) by 0.5m (Northing - Y) and infinite splitting on the Z direction, to best model the narrow steeply dipping veins.

- Only blocks lying within 50 metres of a drill hole composite have been included in the estimate.

Mr. Johan M. Shearer, M. Sc., P. Geo; Project Manager is independent of Rolling Rock and is a Qualified Person in accordance with NI 43-101 and has reviewed and approved the content of this release.

Rolling Rock is a junior gold exploration company focused on acquiring and developing projects throughout North America. Its largest shareholders include Kinross Gold Corporation and Zinifex Ltd.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact:

AGORACOM Investor Relations

Retail Investor Relations Website:

www.agoracom.com/IR/RollingRock

or

Rolling Rock Resources Corporation

Scott Angus

(604) 488-1456

Website: http://www.rollingrockresources.com

Rolling Rock Resources Corporation (the "Company") (TSX VENTURE:RLL) is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM";) (http://www.agoracom.com ) to provide online investor relations marketing services, a Web 2.0 social network for current shareholders and Tier-1 awareness through the world's biggest websites for the purpose of attracting new shareholders. Rolling Rock President and CEO, Scott Angus stated, "I believe the time has now come to significantly increase our communications with both existing shareholders and the massive online small-cap community of investors that are searching for their next great investment. I strongly encourage our shareholders to begin taking advantage of our new online IR system, which demonstrates we are a fully accessible organization with a great story to tell."; 

ONLINE INVESTOR RELATIONS MAXIMIZES SPEED, TRANSPARENCY AND ACCESS TO COMPANY

In response to overwhelming data representing the online research and communications habits of small-cap investors, Rolling Rock has turned the primary focus of its investor relations to the web via the AGORACOM system to facilitate faster, better and more accessible communications with both current and prospective shareholders around the world. Effective February 29, a customized and monitored Rolling Rock IR HUB will allow the Company to communicate with all investors simultaneously, anytime and in near real-time.

Our new IR HUB will also provide management with an ability to extend communications beyond text via audio messages, video presentations, webcasts and podcasts (http://www.agoracom.com/IR/RollingRock ). 

LAUNCH OF ROLLING ROCK COMMUNITY 

The Rolling Rock IR HUB propels the Company into the forefront of Web 2.0 community building by providing investors with two very important functions. First, a monitored discussion forum for the purposes of constructive and high-quality discussion amongst investors about Rolling Rock that is free of spam, profanity and misinformation. Second, a social network that provides investors with the ability to create extensive profiles that include photos, bios, video messages to fellow investors, a rating system and other important elements to create a closer bond between our shareholders. 

TIER-1 EXPOSURE AND AWARENESS 

As an exclusive provider of "Small-Cap Centres - Powered by AGORACOM" to Globe Investor, AOL Finance Canada, Yahoo Finance Canada and every Blackberry device on the planet, AGORACOM will provide Tier-1 financial coverage of all newsworthy Rolling Rock press releases for the purposes of attracting new and prospective shareholders. 

GOOGLE SEARCH ENGINE PROGRAM 

In addition, as Google's largest small-cap partner in North America, AGORACOM will be launching a search engine IR Program via Google that specifically targets prospective small-cap investors across North America. These small-cap search engine programs are exclusive to AGORACOM, with creation and management coming from Google personnel directly. Furthermore, as a Web 2.0 IR firm, AGORACOM will proliferate information about Rolling Rock via a tagging and keywords strategy that will place our information on prominent sites such as YouTube, Google Video, iTunes, AOL Video and SmallCapPodcast.com, the web's leading podcast site for small-cap stocks. Finally, Rolling Rock will receive prominent placement on AGORACOM itself, which attracts 120,000 investors reading more than 10,000,000 pages of small-cap information every month, ranking AGORACOM traffic amongst the top 1% of all websites around the world. For all future Rolling Rock investor relations needs, investors are asked to visit our IR Hub at http://www.agoracom.com/IR/RollingRock where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Rolling Rock will pay AGORACOM $5,000 per month for a renewable twelve month term and the Board granted AGORACOM stock options pursuant to the Company's stock option plan for a two year term and at an exercise price of $0.25. The options granted will be subject to any applicable regulatory hold periods and will vest 25% every three months.This agreement has been negotiated entirely at arm's length. AGORACOM is located in Toronto, Ontario. 

About AGORACOM 

AGORACOM Investor Relations (http://www.AgoracomIR.com ) is North America's largest online investor relations firm for small-cap companies. We have partnered with the world's biggest internet companies, including Globe Investor, Yahoo, AOL, Google and Blackberry to market our clients to a massive audience of new small-cap investors. We have served over 200 companies since 1997. AGORACOM Investor Relations has displaced the telephone and e-mail as primary IR communications devices. Our IR HUB delivers two-way investor relations in near real-time that is 24/7/365 accessible to shareholders around the world and goes far beyond text by offering both audio and video communications. 

AGORACOM (http://www.Agoracom.com ) is North America's only small-cap community built to serve the needs of serious small-cap and micro-cap investors. No rumours, profanity, stock bashing or hyping. Our traffic ranking is above the top 1% of all websites around the world. 

About Rolling Rock Resources Corporation 

Rolling Rock is a Canadian exploration company focused on acquiring and developing mineral resource projects. Rolling Rock has two gold exploration projects in Northern Manitoba: the Domain Property and the Monument Bay Project. The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. 

FOR FURTHER INFORMATION PLEASE CONTACT: 

Rolling Rock Resources Corporation

Scott Angus

Institutional Investors

(604) 488-1456

or

AGORACOM Investor Relations

Retail Investor Relations Website: www.agoracom.com/IR/RollingRock

The Domain Property is host to several strike (up to 3.5km long) and dip persistent (at least 100m high) NW trending gold bearing structures that are dipping steeply to the SW. These structures are associated within silicified zones containing variable sulphide (pyrite, pyrrhotite and arsenopyrite) and are structurally and geologically comparable to the Company's Monument Bay Property (located 150km to the East). On January 8, 2008 the Company announced a NI 43-101 compliant updated inferred resource of 4,888,000 tons grading 6.01 g/t gold for 944,000 ounces at a cut off grade of 3 g/t on the Monument Bay project.

The mineralized structures at the Domain property correlate well with both aeromagnetic discontinuity as well as ground magnetic and horizontal loop electromagnetic trends. Before this drill program there have only been 23 short drill holes totaling 3,600 metres completed on certain areas of the known structure. All previous holes drilled returned elevated gold values including:

- 30.90 g/t over 0.7 metres

- 12.6 g/t over 1.3 metres

- 7.18 g/t over 2.6 metres

- 5.4 g/t over 4.1 metres

- 5.0 g/t over 2.6 metres

- 3.56 g/t over 6.5 metres

A minimum 20 hole, 2,500 metre diamond drill program has been recommended to follow up these encouraging drill hole results with the objective of further defining the mineralized zone orientation and delineating the full extent of higher grade zones. Drilling will also probe the continuity of known mineralized zones along strike.

The Domain Project, measuring 7 kilometres x 20 kilometres totaling 14,000 hectares, covers air and ground geophysical targets over the Gods Lake greenstone belt. It is located 15km east from Oxford House and is assessable with winter roads. Oxford House, with a population of approximately 2,500 people, has a motel, fuel suppliers, a Northern store, nursing station, all season airport with daily flights to Winnipeg and Thompson, and hydro-electric power.

The Company owns 51% of the Domain Project and the cost of this program will earn it an additional interest. The Company can earn up to a 65% interest with the expenditure of an additional $700,000.

Mr. Johan M. Shearer M. Sc., P. Geo; Project Manager and the Qualified Person for the Company has reviewed and approved the content of this press release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Rolling Rock Resources Corporation

Scott Angus

(604) 488-1456

Proceeds of this Private Placement will be used primarily for continued exploration of the Company's Monument Bay Property and Domain properties, as well as general corporate purposes.

The Company is now mobilizing to begin the planned winter drilling program on its 51% owned Domain Project in northern Manitoba. Rolling Rock can earn up to a 65% interest with the expenditure of an additional $700,000.

The Domain Project, measuring 7 kilometres x 20 kilometres totaling 14,000 hectares, covers air and ground geophysical targets over the Gods Lake greenstone belt.

FOR FURTHER INFORMATION PLEASE CONTACT:

Rolling Rock Resources Corporation

Scott Angus

(604) 488-1456

The Issuer may pay finder's fee allowable under the TSX Venture Exchange policies. The Private Placement is subject to compliance with applicable securities laws and to receipt of regulatory approval.

Proceeds of the Private Placement will be used primarily for continued exploration of the Company's Monument Bay Property and Domain properties, as well as general corporate purposes.

FOR FURTHER INFORMATION PLEASE CONTACT:

Rolling Rock Resources Corporation

Scott Angus

(604) 488-1456

This updated inferred resource estimate incorporates the results from 2 drilling programs done by the Company totaling 16,716 meters since the July 2006 NI 43-101 resource estimate contained in the Technical Report posted on the Company's profile on www.sedar.com on July 7, 2006. Thomas C. Stubens, M.A. Sc., P. Eng., Senior Geologist of Wardrop Engineering Inc., conducted the updated resource estimate in coordination with the Company's technical staff.

"We are very pleased with the updated resource at Monument Bay which shows a significant increase from the 2006 estimation, and with our greater understanding of the deposit we can now move forward with a scoping study as this project's next step,"; said Scott Angus, President and CEO.

The NI 43-101 compliant technical report on the updated resource estimate, under preparation by Johan M. Shearer, B. Sc., P. Geo and Jose Garcia, the Company's senior project geologist, will be available within 45 days of the date of this news release and will be posted on the Company's profile on www.sedar.com.

The significant increase in this inferred resource is mainly contributed by additional mineralized volume from the newly discovered Burn zone; the expanded G zone and the main body east extension (To see the attached figure please click on the following link: http://www.ccnmatthews.com/docs/RLL108map.pdf).

The following table is the cumulative inferred resource summary: ID3, capped at selected Au cut-offs showing the Wardrop July 06 summary, the updated January 08 summary and the percentage increase.

-----------------------------------------------------------------

           Wardrop July 2006            Wardrop January 2008

-----------------------------------------------------------------

Cut off        K           Au          K           Au  Percentage

g/t       Tonnes    g/t  K oz     Tonnes    g/t  K oz    increase

-----------------------------------------------------------------

3          3,379   6.45   701      4,888   6.01   944        34.6

-----------------------------------------------------------------

4          2,302   7.85   581      2,967   7.66   731        25.8

-----------------------------------------------------------------

5          1,609   9.32   482      1,936   9.38   584        21.2

-----------------------------------------------------------------

6          1,195  10.65   409      1,366  11.02   484        18.3

-----------------------------------------------------------------

7            894  12.05   346      1,008  12.63   410        18.2

-----------------------------------------------------------------

8            702  13.30   300        776  14.17   354        17.8

-----------------------------------------------------------------

9            547  14.68   258        604  15.80   307        19.0

-----------------------------------------------------------------

10           426  16.16   221        474  17.53   267        20.8

-----------------------------------------------------------------

11           335  17.70   191        381  19.25   236        23.8

-----------------------------------------------------------------

12           286  18.77   173        314  20.91   211        22.4

-----------------------------------------------------------------

The mineral resource update, particularly the block resource model, has enhanced the understanding of the continuity, geometry and gold grade distribution for each of the thirteen (13) veins modeled in this study of the Monument Bay property.

A greater level of confidence and resource classification could be achieved with underground development and closely-spaced drilling to test the geological and grade continuity of the many gold-bearing veins on the Monument Bay property. A scoping study to determine the economic viability of pursuing underground development work for more diagnostic mapping and sampling of the deposit as well as to serve as platform for more cost effective definition drilling to upgrade the resource category and eventually convert the mineral resource to ore reserve will now be pursued by the Company.

Parameters used for the updated resource estimates are as follows:

- The mineral resources in the table were estimated using CIM standards on mineral resources and reserves.

- The total database is comprised of 414 drill holes aggregating 113,703.6 meters (373,061.7 feet) of core drilling.

- Within the area of the resource inventory update, there were 341 holes totaling 96,578.7 meters (316,874.8 feet), of which 38,985.48 meters (127,911.4 feet) of the core was sampled and assayed in accordance with industry best practice procedures. These yielded a total of 38,043 gold assays that had passed industry-standard QA-QC protocol.

- The inferred resource consists of thirteen geologically and geographically distinct mineralized solids (veins) with distinct structural-stratigraphic, alteration-mineralization and sulphide assemblage characteristics.

- Grade interpolation is based on 1-m length composite within each geological unit or vein. The cutting thresholds used in Wardrop's 2006 Technical Report were employed in this study.

- Block models were established in Datamine for each of the 13 veins, truncated at the bedrock-overburden surface, using inverse distance cube gridding procedure, with directional parameters (distance and direction) based on the attitude and structural strength of each vein.

- Block model dimension is 10m by 1m by 10 m (Easting x Northing x Elevation), with sub cell size of 5m (Easting - X) by 0.5m (Northing- Y) and infinite splitting on the Z direction, to best model the narrow steeply dipping veins.

- Only blocks lying within 50 meters of a drill hole composite have been included in the estimate.

Mr. Thomas C. Stubens, M.A. Sc., P. Eng.; Senior Geologist of Wardrop Engineering Inc., and Mr. Johan M. Shearer M. Sc., P. Geo; Project Manager are independent of Rolling Rock and are Qualified Persons in accordance with NI 43-101 and they have both reviewed and approved the content of this release.

FOR FURTHER INFORMATION PLEASE CONTACT:

Rolling Rock Resources Corporation

Scott Angus

(604) 488-1456