Guess i was rightPost #31060358 May 15th........figured they would be looking to load the kitty with some more dough........more cash, more flexibility......especially if you are budgeted to burn up your funds exploring, and you may need some spare change for lawyers and advisors.....let's hope so. The board and management seem quite short sighted here in that they are doing a closed placement.....why not create some energy, and give rights to existing share holders to buy into a placement, and let us have Access to the warrants?I could find 25 k for such a deal. Qualify as an accredited investor.MC>