-to wait for this one to pop on news of the mill restart in Nevada. the last four news releases
have reiterated what the financings are to be used for...
Feb 4] The proceeds of the private placement transaction will be used for mill operations at the Company's Jerritt Canyon Mine, Nevada.
Feb 12]
The proceeds from this private placement will finance the operations at the Jerritt Canyon property during the pre-start up phase as well as fund the necessary capital improvements required to the mill facility.
Feb 27]
The proceeds from this private placement will finance the operations at the Jerritt Canyon property during the mill pre-start up phase as well as partially fund the necessary capital improvements required to the mill facility.
Mar 17]
The proceeds of the private placement transaction will be used for the resumption of milling at the Company's Jerritt Canyon Mine, Nevada and for working capital.
The first release uses general term "mill operations". The second and third release uses "pre-startup phase and capital improvements".
The most important is the latest release using the wording "RESUMPTION" of milling. Coincidence that this
wording has been used in such an orderly and suggestive manner?
My belief is that we are very close now and I will continue to add more until the news comes out.Glta