Great first post...Your daughter may get more than money from her investment...a good lesson in patience and investing!!

You bring up a good point and that is the burn rate. This is the one torn that I have. We do not know what the burn rate is but I have no doubt it is accelerating with these new recruits and extra drilling. Management and these new recruits are moving forward as if this is a non issue. This makes me wonder what they know that we do not. How close are we to a buy in? Do we have gold out of Windfall already? Is another PP in the works? Are we doing more JV that will put substantial money in our coffers up front? When I look at all these different options for putting money in our coffers in short order, the buy in sticks out as the most logical.

I still believe Xstrata is our main possibility but other names have circulated in the last week to 10 days. I am not at liberty to name them yet but others are circling around and this may hasten one of them to make the jump sooner at the price Richard demands! He was caught eating his words with the $10 PP but I believe he is now in the driver's seat and will get his number this time. It will be interesting to see how this plays out the next little while. The way I figure it, we have enough cash to last till April 09 maximum. So something will happen in terms of a buy in way before that, I would say before Christmas.

Cheers,

Glorieux