Don't Forget
posted on
Feb 07, 2009 01:18PM
Management did raise lots of cash when the market for juniors was hot. That cash will see us through to the beginning of the next cycle. IMO that will be sooner than most believe. This company has zero debt and never had or will have debt obligations. We have 100km of drill core from one concintrated property. We have just expanded with the purchase of the Desrosier "moly" property. With the resource report, VTEM study, and the scoping study by SGS things are happening. All this at a time when the world is slowing down and most if not all juniors are in "turtle mode" at best. There's lots of facts to dwell on that should not be overlooked. Even if management does. Don't forget those great results last month either. Enough said.