RE:RE:RE:RE:New Press Release - LAURION ANNOUNCES UPSIZE OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT OF FLOW-THROUGH SHARESThey have loads of cash before the PP and certainly did not need the additional amount. Steve has confirmed that they are advancing on BO.
There is nothing to suggest that they would be doing more drilling to need any more cash. If they were going to be doing any more drilling, they have more than enough cash for that.
To buy that they would need the cash, you would have to think that they will be drilling for several years-nothing suggest that. I dont think Cynthia wants to wait until she is using a walker to head off on Roger's boat.
Even this year's drilling was put on back burner after aerial survey and probably only done fullfill tax requirement.