RE:RE:RE:RE:RE:RE:RE:RE:5 cents shares next week.Lets have a look at some facts 2008. You do sound a lot lot like psycho but never mind lets get to the facts. The next hurdle is a decent financing package to take the company into production. This will not be cheap and will cost somewhere in the region of $5-10 million. Frank is looking at various options and has put in place the gold loan note scheme which pays investors an 8% annual coupon and lets them purchase gold at the end of the three years for $700. He is heading to Europe shortly to meet big investors who are naturally extremely interested in this scheme as most deposits in Europe are now paying negative interest rates and these investors are not stupid.
My prediction is he comes back from Europe with around $10 million in cash from these investors and we can start getting the rolling start underway and we will pour gold in the fourth quarter. It does take three months from the start until we pour so the fourth quarter is realistic and will mark a major milestone and turning point in the history of the company. The share price will reflect the change in status to a producer.