RE:Giving away the farm? TK
you always want to be ina position to raise cash from strength not when you have to. This way the company gets the money in its treasury and it derisks the project. The company now can literally double the drill program. Think of it like this, if ES is willing to put up 48 million at the market price basically then he thinks he will make multiples from here. He doesn't try to make 20% returns he looks for 10 baggers.
Treb