RE: What is up with this news????what news are you talking about. I think there was a PP done last june or july that has long since closed. I also believe the company announced a second pp a short time back at $.35. If they have closed that as well then we as sharholders are in good shape. Nothing worse than a company with no money in the till. Unless $$$ fall from the sky all companies need money to run themsleves and certainly for drill programs. Be glad you are in a stock that can raise money. It is testamony to the excitment around the deal. If there was not alot of potential then this would not be trading like this and the company would be struggling for dollars.