RE: financials
Thanks. I knew those figures by the way. Perhaps I did not make myself clear. They have an overhead burn rate of $108,000/month. Adding exploration cost to that figure they would be in the red by now. I know it is not customary to make it known you are planning a PP in advance. In this case there is no need to announce it. They must be in desperate need of funds. They are probably counting on good exploration results. So my question should more relevant have been: Will we have drill results before Christmas?
I note the the price is down from $0.325 to $0.28 this morning. This of course should not discourage anybody that thinks this is a good company.
huxley