I can't see any thing positive coming out of the private placements in order to raise capitol for day to day operations. They are made at lower prices and create more dilution. This may be considered ordinary business practice, but there aren't too many business out there selling shares at 1/3 of a cent. I can't believe, with what we are told, they can't secure financing. Maybe they should be looking at a "Joint Venture" with someone like Kinross for example. sure they would get a percentage, but something is better than nothing at all. Thoughts/arguments anyone?????? It just kinda ticks me off to be buying shares at twice the price of someone else. The faithful longs are the ones that helped Anselmo get this far, and what do they get for their loyalty? Drilling season will start in a few weeks IF they get the funds. Financing news has got to be in the immediate days ahead to keep to this schedule. JMHO, koala