Thanks Beer for the highlights, I look forward to reading the md&a in there as that lately seems to be our only form of update from the company.
As for ther mention of a moly property, we have nothing of the sort in terms of a press release. Seems pretty material doesn't it? I would think that would warrant an NR?
Here's the only thing we did see in terms of property acquisition:
November 28, 2008 - 1:10 PM EST |
|
Inspiration Acquires Property
"TORONTO, ONTARIO -- (Marketwire) -- 11/28/08 -- Inspiration Mining Corporation (the "Corporation") (TSX: ISM)(FRANKFURT: OI8) is pleased to announce that pursuant to an asset purchase agreement dated November 21, 2008 entered into between the Corporation and Keefe Cooke Corporation (the "Vendor"), the Corporation acquired two (2) patented land claims (the Properties"), HR1181 and HR1182 located adjacent to the existing Langmuir claims on the west side of the Corporation's property. As consideration for the Properties, the Corporation paid the Vendors $75,000 and issued 105,000 common shares. The common shares are subject to a four-month hold period expiring March 25, 2009."
Lastly I do like that we have a significant amount of cash on hand still. Very soothing............. :)
|