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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: The numbers

Re: The numbers - Off the back of my napkin

in response to by
posted on Feb 10, 2009 11:53AM

as of September 17, 2008
Issued and outstanding common shares: 310,311,767
Outstanding Stock Options:14,885,018
Outstanding Warrants: 39,883,333
Fully Diluted: 365,080,118 - September 17, 2008

And then: (2008-11-10 )

10,900,000 incentive stock options to directors

2009-01-12; 5,900,000 FT-share financing

plus

4,700,000 share purchase warrants

And then;

2009-02-10

78,750,000 common shares PP





That’s a total now of

78,750,000 common shares PP



Off the back of my napkin calculation,

Hg

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