RE: RE: Current PriceYou are right that at this point the 50 cent mark does not mean much. From what I am hearing, Red Ore should be trading at some point in the month of July. However, even then, our shares are likely to be in escrow for 18-24 months. They are going to have a pretty tight share float, less then 15M shares out fully diluted and some good prospective land. It will be a nice bonus if Red Ore turns out anything interesting.
The real reason I am here though is for the Regcourt property. We are drilling right now and with our first intercepts at 79g/t over 3.6 and 19g/t over 5.6m, and being only 30km from Val d'or, we have some very fertile land. I also like the fact that we have about 1.5M in the bank, we are good for a few drill programs there.
Patiently waiting,
Glorieux