I doubt that this will be the end of it. $3 million doesn't go far. They still owe $1 million to complete the purchase of the 1% royalty and their commitment for next years exploration on Big Daddy will be $2.5 million, not to mention funding to Canada Chrome for it's work ( I haven't heard of any other source of funds). This $3 million will create 46,153,846 new shares and if Cliffs want's to maintain their 19.9% (as they did last August) then add another 9,184,615 shares for $597,000. I guess we have to accept the reality of funding for these exploration companies.

SRV