Here's the planPlans for financing should be announced this week,
then the promotion machine will start. Management has been conserving money thus far for drilling and has not pursued any promotion this year. No-one expected these bonanza grades this early in the drill program! Phase 3 will begin in Jan.
Will concentrate initially around holes 3 and 16---the discovery holes.
You all are in at the earliest possible stage of what could shape up to be a world class discovery by an unknown company. Give it Time. The company needs to raise cash first, then they will get the word out. They have a lot of good people working on this project. Think about this. Where else have you seen ore grades this high over this length of intersection, this early in the exploration cycle and at shallow depth? Even if we double the number of shares outstanding for financing, we're still only at 80 mill. shares outstanding. If it's done at .30, that's $12 million. (I have no idea how much financing they will go for...it's just an example). Enough to keep us drilling for a long, long time. With promotion and some newsletter coverage, this will be trading north of a $1 easily. Be patient people. It takes time to do this right. As for moving money out and to the "action", well that's your prerogative but, imho my money is better spent here accumulating at these prices. I've said it before and I'll say it again, we've got the ore! The other holes after the discovery hole have proven that hole 3 was no fluke. They're hitting mineralization almost everywhere that they've sunk the drill. Concentrating phase 3 drilling near the discovery is the best management move at this stage as it will yield the most bang for the buck share price wise. Once the money is in the company coffers, then they can define the size with step out holes. Sounds like a good plan and sound management decisions to me. So, I'm in big and long. Take care. hulio ps- don't forget we still have 3 holes pending.