Diesel
posted on
Jul 17, 2008 08:16AM
(Edit this Message from the "Fast Facts" Section)
All I can tell you is that they are a full service investment bank out of New York. The meeting was in our office. Very interested in TTM. There are others from New York as well. When we finally decide what direction to take the money will be there if needed.
Companies are very impressed that we are not asking for money in the meantime. Never believe anyone who tells your, "there is no money for juniors" that is just not true. There is lots of money sitting on the sidelines but good projects with good Managment will prevail. It is all about risk vs. reward. All the work we are currently doing is taking away a degree of risk to any potential suitors. The latest being the purchase of more property around the chu. Tailings running into a river or lake has either delayed or killed otherwise profitable projects. We now have the ability to construct our tailings ponds away from any water sources. We are going to quickly explore these properties to ensure there is not measureable moly present. If there is then we will deal with it, (good problem to have).
BBOB