RE: Wawa snippet from FinancialsHere is a little info from thier website, it is from June 07 so there are up to
near 100 mill o/s fully diluted, any warrants issued since this time have been at much higher than the $0.20 values.
Share Structure
As of 1st June 2007
| Shares issued and outstanding: | 77,344,548 |
| Warrants $0.20 expiring March 9 2008: | 4,611,680 |
| Warrants $0.60 expiring June 14 2007: | 300,000 |
| Warrants $0.75 expiring Apr 14, 2010: | 4,000,000 |
| Agent's warrants $0.15 expiring March 9, 2008: | 1,040,373 |
| Options: | 6,100,000, weighted average exercise price of $0.31
Market Capitalization C$20 million |
Production - again another excerpt from thier website -
Moris Mine
The Santa Maria de Moris mine, a.k.a. the Moris Mine, is located in the Moris district of western Chihuahua state, Mexico, 15 kilometers west of the Ocampo mine, where Gammon Lake Resources has a proven and probable reserve of 61.7 million tonnes with grades of 1.19 g/t Au and 55 g/t Ag, or roughly 5 million Au equivalent ounces. The mine property consists of 12 concessions that cover approximately 7,838 hectares (19,368 acres) in the Moris district. These concessions include several contiguous concessions around the Moris mine and along strike with the main structural trend. The mine property also includes several separate concessions in areas favorable for exploration, including a strategic concession containing the extension to the Tecolote vein system located on the La Fe concession that was previously acquired by EXMIN.
Production commenced in the third quarter of 2007 at an initial annual rate of approximately 25,000 ounces of gold and 60,000 ounces of silver. The first pour of dore occurred on October 9th 2007.
Hope this helps.