RE: Nice action lately!Simon:
There is some paper to go through, but not alot. Had a good look at the PP paper that came free trading in the last batch and there might be a 500,000 to 1,000,000 shares that will sell in the .20 range. From what I understand, most of this is because they will be looking to exercise warrants. Great to see that the entire play is moving forward with DBL advancing well in the past week on the anticipation of drilling.
We will most likely be drilling in the first half of August with a bigger drill than what we had previously. Bigger drill core, more chance of finding interesting "stuff" in it. Financing from what I understand will be closing on Tuesday, not Monday because the DRL lawyer is out for the day. Now the game starts in earnest. Looks like people were poking around late Friday to find where some paper might start to come out. Maybe we actually have some liquidity back in this in the next couple of weeks. Interesting how many shareholders are still in this from pre-consolidation days with an average cost of many multiples higher. Look for some interesting promotion on this in the next few weeks, starting next week.
As far as the drilling program goes, we should only need to do something in the 2,000-3,000 meter range to have a good look at our high priority targets. Hopefully Ed, Lee and Lou will all have the opportunity to see some kimberlites in the near future. GLTA.