Editors Introduction:

Clyde Harrison is on the Board of Directors of a Company called GOCM.OTC or Geocom, a company which I’ll be bring to your attention in the near future. This is one of Mr. Harrison’s latest speeches. The bold copy is from your editor for emphasis. Do remember, that these authors are protected by our disclaimers and that while I may personally not agree with everything said, I will bring them to your attention pretty much “en toto”. Best regards, D. Stewart Armstrong

March, 2008

By: Clyde Harrison

When the current credit train wreck ends, it will be a long time before the tracks are cleaned up.

The US and G-7 are rapidly becoming far less important and command far less control in the world economy. In order to make an accurate forecast, one must determine what has already happened that will effect the future.

When you make an investment, what you own is an opinion. This is mine.

In the 1950’s the US was the world’s largest creditor. Japan was beginning to industrialize with South Korea soon to follow. Europe was rapidly rebuilding. During the next 50 years Europe, followed by the US, became more and more socialistic. Equal results for unequal efforts defies the laws of nature. Socialism always has and always will continue to fail. The US went from the world’s largest creditor to the world’s largest debtor. In 1977, the US federal budget was $300 billion. In 2007, it was $3 trillion - 10 times larger. Leverage is as toxic on the way down as it was intoxicating on the way up. Today we owe $4 trillion to the rest of the world. Much of the world doesn’t want any more treasury bills so they have started sovereign wealth funds to buy real assets. This is the largest rotation of wealth in world history. The Jeanie is coming out of the bottle and it won’t look like Barbra Eden.

Only government – Congress made up mostly of lawyers, could accomplish such a colossal mismanagement of America’s economy. The dollar decline will continue in an ongoing zigzag downward course. Currencies are the only market where the long and the short want the price to remain the same so it will be a continuous depreciation over time at an increasing rate not a crash.

The current three leading candidates all promise more of the same. The only difference is the speed at which we will eat our seed corn or mortgage our futures.

If Obama wins he will harm our children’s future the most. Because Pelosi and Reed will run the government.

The congress’ latest plan is to hand out $168 billion. No one has mentioned we will have to borrow the $168 Billion from China.

“Change” is the 2008 campaign word. Get the economy moving again. I wish there was one front runner who meant moving forward, not more taxes and deflation of the currency.

The current plan is to have the Bernanke FED create boat loads of dollars. Helicopter Ben will rise to the occasion and be joined by many other countries. Currencies do not float they sink at different rates. The supply of paper assets will overwhelm the supply of raw materials.

The US Government’s raw material supply policy matches their brilliance in other areas. Our energy policy is: The only place you’re allowed to drill for oil is next to a dry hole. The only place you are allowed to build a refinery is no where. Don’t drill within 100 miles of a shoreline and don’t build a wind turbine where Edward Kennedy can see it.

We restrict raw material supply as demand is exploding. read more

GPXM — OTC/BB www.golden-phoenix.com

March 1, 2008

Ladies and Gentlemen:Here is the deal in a nutshell. Golden Phoenix is trading at around $.25 US and I think we have to ask ourselves if this is indeed a realistic valuation for this company. In my opinion, the answer is an unqualified no!I want to get all the “good stuff” in here at the beginning so you don’t miss it. So first off, how can one not be impressed by the quality of information that is disseminated on the GPXM website. Please take special note of the Press Releases. When we combine that quality of information with our continued patience, I think we have “a winner” that will gain momentum when this company hits a certain critical mass.Listen, I know that we all want it, and we want it now, (just like the lyrics in the song) but that is not how these quality junior mining companies unfold. Quality companies will build from the ground up, and after years of a certain status quo; they eventually hit that critical mass and then the share price will explode exponentially upwards. So often, investors will pick up on companies and will patiently ride them for years only to jump off at the exact wrong time. We’ve all done exactly that, including yours truly.I am here to tell you that Golden Phoenix deserves your continued patience.Take Your Pick of these HeadlinesI am going to offer up several headlines for today’s comments on Golden Phoenix Minerals. I would like you to choose the headline that “floats your boat!” I can’t be certain but I think that “float your boat” is an esoteric technical term; but regardless of technical jargon here goes:

“Golden Phoenix ready to move Sparkling new drill rig to Mineral Ridge Gold Property”*

“GPXM anticipates commencement of Exploration on their Mineral Ridge Gold Property”

“Production at Ashdown Continues to Expand in Quantity while Improving in Quality” Ashdown Molybdenum Shipments continue to increase Positive Cash Flow”

“Golden Phoenix Continues to Perform on all its Promises!”

“Golden Phoenix is Anticipating a 43-101 on Ashdown in the near Future”

“Golden Phoenix and its JV partner Win-Eldridge, work together efficiently”“Golden Phoenix looks to the future via the TSX”*

(The rig is mounted on a Peterbuilt 367 truck chassis. It features a 600 HP Cummins ISX engine, 1070/350 I-R HR 2.5 air compressor, six rod carousel for 4.5 x 20′ x 2 7/8″ IF, 35 gpm FMC water injection pump and sand reel with 1,000 feet of 3/8″ line. Mmm-Mmm Good!—Powerful comes to mind)

Any one of these headlines could be the basis for an article and they are all exciting and filled with promise. They also happen to be true! I will touch very lightly on the essence of each one of them during these comments. But first of all I want to give you a little encouragement, a little extra motivation to hold on during these tough times when most of these junior mining companies appear to be suffering (not just Golden Phoenix). I say appear because you just can’t judge a book by its cover and there are many times when the market really is wrong. This goes with the idea of being a contrarian investor and doing your homework. I’ve said this before and I’ll say it again—don’t be a lemming! You cannot seriously consider the above headlines, believe them, and somehow feel GPXM will not evolve.In general, one of the battles in which we are currently involved is simply Main street versus Wall Street. GPXM is not Wall Street. It is YOUR STREET and if you want to get somewhere and you don’t have to be there tomorrow, your wait will be well rewarded. Again, it takes time to build a real company. We are right on the sector, right on the timing, and right on the management. Furthermore, this company is going back to its roots in a WOW kind of way—it’s going back to Gold!

I work for the company and have been doing so officially for about four months. Pure and simple, I could not be happier to be going back to the future. read more