K.Had a chance to call and get the lowdown.They have 5M in the bank now.It will take 10M to do the pre feasability so yes they have to do a financing at some point this year.They can wait a bit but I got the impression it is coming sooner rather than later this summer.I'm sensing an announcement regarding the pre feasability being started coming soon and a financing right around that announcement.Think buying in the low .70's is a bargain still but I could be wrong.