No matter how positive I try to be when I look at such huge dilution it tells me something is not going as well as planned. Since I've invested in this company everything seemed nice and on schedule. Management looked honest and competent and they said the cash flow from Barry would be enough to develop and mine B.Lake. Then suddenly a need for $12mil ??? If this was $5mil maybe I'd understand but $12mil ? This tells something is seriously not right and it seems like they've been mining Barry for peanuts. At least if they cared about us shareholders they should have arranged a debt financing and not dilute the stock so heavily. What is their plan ? To have a 200mil OS company producing 65,000oz ? At least they should be honest and let investors know the truth in advance.

I tell you this: with what they have done they have lost their trust. We don't know if they are even going to produce 65,000 oz as planned. Probably not. It is funny how long it takes to build a trust and how fast you can ruin that trust. In this case it took only one day.