hi Rock. Any comments on PP<s to pay for infrastruture are really missleading. Infrastructure is usually paid for by DEBT/BONDS/Mortgages not usually by venture because by the time you are ready to start infrastructure the risk is greatly removed. When you put the shovel in the ground for building MILLS, RAILROADS, equipment PUMPS ETC> you have sales contracts to match production..something to bring to the financiers. Infrastructure will not dilute ownership in the way we see PP,s. Financing for the infrastructure will match cashflow from production. This is were the government comes in not with cash but with LOAN GARENTEES to facilitate borowing..That is still a ways off. The timming for that is in the hands of "the miner" not the explorer.
glta