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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: Re: questions for Victoria, if you read this

do I have my math correct? we just put out possibly up to 20 million shares and 10 million shares in warrants (total of 30 mil?)and we supposedly already have $ 6.5 mil in the bank and a burn rate of $500,000 a month not including special studies as at cove?

we HAVE to have this money RIGHT NOW before we get the supposedly fast results from 13a, 12, 9 and now 6a????? can't wait a month or two.

they are either giving kinross a REALLY nice gift of super cheap shares before the share price goes up after results

OR

they don't have much hope in getting any good results in the next 1-2 months from these holes?

I did not realize we needed the money so desperately???

the is NOT "value added per share" and maybe why it is dropped as a statement in recent press releases and presentations?

would we not get a higher share price with good drill results and hence a PP done after this would garner more bang for the buck that they constantly say they are trying to do?

they do not even say if this will be enough to get us through all of 2009???? is it???

Is Chad forced to do a deal with the devil, no other choice, hoping to find some long shot escape from him at the end OR is it just some slow death march game by kinross to watch things play out for a while longer then take us out, the retail being the only losers as victoria people will probably be taken care of?

for my share price, our share price and victoria I DON'T want to see Pangaea proven right on this account.


ask the questions or don't Thomas, its your show bro, they are hard and good questions( as you can see in the post recommends I got on it) but they were not answered in the press release

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Dec 01, 2008 06:16AM
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Dec 01, 2008 06:23AM

Dec 13, 2008 02:03PM
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