RE: WTF?Coal Play. Isn't that a rock band?
Seriously, if what you say is true, then why would they sink $1 million into drilling for uranium w/Twenty-seven Capital and then aquire another uranium property on August 12, 2005?
I would say this is a coal and uranium play. $1 million spent with 27 Capital and now on August 12th they buy another uranium property. This isn't chump-change for a junior exploration company! If they are going to spend that kind of money, you better hope that they come up with something (if you are a stockholder). Do you not agree? Here are the terms of the latest aquisition:
"Under the terms of the agreement between Tsar Emerald AB and The Sheridan Platinum Group, which is being assumed by Cash Minerals, Cash will pay $250,000 and issue 800,000 shares to Tsar Emerald and assume Tsar's rights and obligations under the agreement with Sheridan Platinum. The remaining obligations under the agreement with Sheridan Platinum are the issuance of 200,000 common shares at the time of transfer, and on December 1, 2005, the issuance of an additional 2,000,000 shares and a cash payment of $400,000, subject to a Royalty Interest retained by The Sheridan Platinum Group. The Royalty Interest is a 3% royalty interest on the first 2,000,000 pounds of uranium produced from the Property. Upon 2,000,000 pounds of uranium being produced from the Property, Cash Minerals would make a payment to The Sheridan Platinum Group in the amount of CDN $1,000,000 and the royalty interest shall increase to 4% (of which 1% can be purchased by Cash Minerals) for $1,000,000."