I am not sure where the 3rd rig will be used. 

As far as the 7 million in the bank it will not be enough to finance the entire drill project, especially to finance another rig.

Tom mentioned in all likely hood that it will be a flow through shares how much ?????  Critchy mentioned this as well long time ago.  More questions than answers right now, they are going about this very aggressively therefore who knows if they do a small PP, or take a leap and go JV?

Right now there are so many scenerios that could play out here that anything is a possibility.

As far as ask him when it will be $5 bucks a share, if he tells me that one will remain a secret!LOL. 

Today's share price: 

Down but, I think it was more traders taking the money and running Cannacord started buying in the afternoon right till the bell.  Perhaps tomorrow!

BBOB