RE:Shares Outstanding
Fantastic News! What we have been waiting for! Everything falling into place in this very complex deal in the best mining area! You are right 14 million with many in tight hands. 4 month hold on the shares in the placement. There be much resistance in moving this one up! I note on the Millrock release that the 9.6 million shares that they now own which is 20 Percent of SOJ are not going to be traded for 12 months on a voluntary pooling agreement. Millrock is in it for the long term. They know about the potential of these properties and the world class exploration team that now manages SOJ! This company was formed for a world class discovery and we will soon reap the benefits!. Took a little longer than I thought but good deals take time to complete. Good luck to us all! We will soon be reqrded for our patience. My guess is that the halt is lifted tomorrow or the exhange keeps it halted till the finanacing is filed with them at the end of August. Doesnt much mater at this point. The wheels are turning and lots going on in the background. Believe me exploraton has already begun! They already have people lined up to do some JV's.