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Message: Re: One thing we can say for certain....

Its hard to keep the boat moving when there's no diesel in the tanks, the company runs on gas not wind.....and we know they only had just under $5 million left when the calander turned to February, and that was good enough to get them into June anyway.  I remain hopeful that there's a bigger payoff coming, but that they needed to keep the ship going.....

I just got back from vacation....gas was selling for around $1.25 on Manitoulin Island, but I knew if I got close to North Bay I could buy it for less than a buck...a much better deal.  So I made sure I had enough in the tank to get me to the Bay, and then I filled up....a much better deal.  Hopefully that was the case here....that they needed enough cash to get them to a point where the terms will be much better....if we get a positive FA I would have to think they'll be able to raise a lot more cash at much better terms.

We shall see...

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