RE:RE:Bored SundayWestcoastwalker,
"Why take on a major partner? take on majors with minor stakes to keep the majority vote in management's control."
Maybe some confusion on my last post but what you said is exactly what I meant. A large producer that steps in to undertake a minority interest in the Company. As time goes on, they participate in future offerings as there is going to be a lot of drilling and development costs. The point being that I think WHN is more inclined to undertake this approach as opposed to turning to the public market time and time again to raise money. Interest in this discovery is very high and with WHN undertaking at least the next 2/3 drills, a lot more will be known about the property. In addition, and with rolling options and deep pockets of their own, management can keep on drilling and or continue defining what it is they have via the public market. At some point, however, I think a major producer will up the ante for a minority stake.
In the area of potential ounces, I'm content at just suggesting 1 million+ ounces of gold + silver at this juncture. I'm also looking forward to the next drill program.
GLTA and Merry Christmas!