I'm just happy we got the cash now and I can shelve my personal concern about dilution. Having the cash in hand now vs receiving it soon makes a difference to me.

Conserving cash and advancing projects/increasing holdings in Carmax are sort of at odds with each other? Hopefully that means they will only do a PEA (without drilling) and postpone any holdings increases at Carmax.

Regarding total cash in hand now, I wish they could give us that number. I had thought we were well under a million left before the refund, but someone posted "~5.5mil". Was that October numbers or current, and is it a good estimate or a shot in the dark?

Either way, this gives me some comfort factor.

It does seem that the bottom was hit a while ago (both on the Venture as a whole and CF) and things could be significantly more bullish a year from now. As market sentiment improves, anyone wanting a larger position will not be able to add as easily as in the past and could effect our SP in a positive way. Hopefully there are some that delayed buying too long, and are forced to either buy in now or pay more later?

Fingers crossed anyways...