From my understanding, MCIO is the only publicly traded sapphire mining/exploration company in the market right now! Also, 50% of the world’s known Sapphire reserves lie in Madagascar positioning MCIO at the forefront of the market! MCIO has stated that it has estimated reserves (Probable) of US$16.6 billion in sapphire at their Madagascar properties! As you can see, MCIO is in a unique situation to become a major leader in the upcoming years as the Sapphire market continues to grow year over year!

Read this PR:

http://finance.yahoo.com/news/MineCore-Discusses-Estimated-iw-15237258.html

MCIO plans to continue mining for high quality gemstones for the retail jewelry segment but will harvest the byproducts from the screening, cutting/polishing process (up to 80% of the raw gemstone which would normally be disposed) to supply the needs of the technology sector. This ‘found’ money brings economies of scale to the forefront to help produce more efficient and economical applications.

What was most shocking and interesting to me was how big the Sapphire market actually is and how much potential there is for this unique gemstone to be used in many different applications. MCIO relates to this market as the non-gemstone market. Both the gemstone and non-gemstone market have seen phenomenal growth which MCIO anticipates capitalizing on over the long-term. The gemstone market is pretty simple to understand mainly pertaining to jewelry (pink and blue sapphires) To learn more click here- http://www.gemguide.com/news/AGTAMAY2009PinkSapp.htm

The non-gemstone market is where it gets interesting.

You see, Sapphire (corundum) is aluminum oxide (Al2O3), is colorless if pure, and can be melted and refined to purity levels greater than 99.9999%. Melting the lower grade, smaller sized rough sapphire into wafer molds to supply the semiconductor and solar cell industries dramatically impact the bottom line. MCIO's sapphire bearing properties uniquely positions it to maximize on the high-tech market's demand for clean energy applications in solar cells, LEDs, semiconductors, high speed signaling and lasers!

The most widely used material for semiconductors is silicon. The inherent problem with silicon comes from the heat being generated by the0020tens of thousands of components on a silicon chip. Silicon melts at 1414 Celsius. This limitation has created a major demand for the industry to find other materials that can combat this problem. MCIO has the answer!

Sapphires are the second hardest natural substance on the planet behind diamonds. The melting point for Sapphire is 2045 degrees Celsius! The exceptional physical and chemical properties along with its resistance to radiation enables Sapphires to perform in a superior and higher performance manner as compared to silicon which in essence creates a competitive edge for Sapphire to the current material process.

Furthermore, in solar cells the doping agent that's used to pick up the light energy reacts differently to sapphire, having a positive effective which makes the cell more efficient. Sapphire is radiation hardened which also has many military and aerospace applications!

The Hammond Group estimated a $500 million non-gemstone market by 2012 and $1 billion by 2017!

Primary Non-Gemstone Sapphire Applications Include:

1. Solar Cells -- Highly efficient and radiation hardened, deployed in space but moving terrestrial due to efficiencies.

2. LED Industry- Sapphire Substrate (SOS -- Silicon on Sapphire) -- GaN-based LED including Blu-ray DVD, RF switch devices (amplifiers) for mobile phones, military, and other high speed circuits.

3. Nitride LED -- Automotive lighting, LED displays, and general lighting replacement not including new PC form factors driving demand.

4. Medical applications – Surgical systems for laser transmission and when in contact with body fluids.

5. Optical applications – lenses, windows, prisms and other laser and infrared optics.

6. Aerospace – Durability and erosion/corrosion resistance, often combined with the ability to withstand high heat while having a very broad transmission range.

Energy harvesting devices, 3D integration...etc

What is also a huge factor when looking into MCIO is that they have developed a process of economically mining sapphires at the lowest possible cost in the industry!

The first open pit strip mine is scheduled for production in 2010, subject to completion of financing of $50 Million. MCIO estimates the first full year of production to be 9.8 million grams of sapphire with production increasing to 74 million grams by year nine. Based on the results of the tests performed, approximately 25% of sapphire production will meet MineCore's high standards for gem quality sapphire (grade 7 or higher) with the remaining 75% deemed waste, non-gemstone sapphire!

MCIO believes that its planned sapphire project for Madagascar is a highly desirable and economically compelling project in a growing under-serviced market. In fact, MCIO stated that they are looking into installing Wind Turbines to produce energy for all their mining sites and all of Madagascar! This would be brilliant, energy efficient, and contributing to global warming predicament we face today!

I have spoken to the COO and President Jerry Mikolajczyk and he seems to be very experienced in the mining sector with over 27 years in Executive and Senior Management positions in international mining/exploration companies and has been involved in Madagascar for over 11 years! He has mentioned to me that MCIO intends to move to bulletin board status and has been extremely informative! We all know how important management is!

MCIO has a long-term outlook and intends to be in production in 2010 with a 40 year Government lease on their mining land! Obviously, this is no fly by night company!

Remember, MCIO is unique compared to most mining companies because it can generate revenues from both ends with Sapphires- Gemstone (Jewelery..etc) and Non-Gemstone (LED, solar cells, and all other tech markets)! Let’s not forget that they estimated reserves (Probable) of US$16.6 billion in sapphire at their Madagascar properties! There could potentially be huge revenue down the road here!

It is imperative that you consider the fact that MCIO has to raise the $50 million+ to accomplish their goals and we believe that if they are successful in doing so and management executes flawlessly this could become a tremendous winner over the long-term!