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Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: financing
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Aug 28, 2010 10:30PM
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Aug 30, 2010 07:55AM

I disagree.

Like I said before, we have enough money to finish the year. Why run out and do a PP way before it is necessary? If we come out with assays the market likes, then it is possible that our SP can run fast like CAN or KAM or DGC and there are others. I would rather issue say 10 million shares at $2 than 20 million shares at $1.

If we are going to get busy on this deposit we have to increase the number of drills, personnel and other equipment. I like Bratty's comments about his buddy saying doing a bought deal over $15 million no problem. We all know we have the goods and others are starting to see and believe as we do.

:) Skier

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Aug 30, 2010 09:40AM
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