I think we are more fortunate to be in pre-production now than we ever expected to be. As scary as the debt issue was before, even scarier is the difficulty in getting any debt financing in this climate.

If we were not generating revenue now to pay operating costs and pay down the debt, I think we would have an extremely difficult time finding new sources of financing in this economic climate.

I think we dodged a bigger bullet than we were facing just a short time ago.

Bluenoser