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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: The BNN Clip

Feb 13, 2009 10:01AM

that was a piece of alright. williams did very well.

but as shareholder i'm somewhat puzzled. it's always been nevada, nevada, nevada. now suddenly they're building Dublin in the yukon. ok, so McConnell with his extensive arctic & northern BC experience is perfect for a yukon operation. but can VIT manage both locations. will the nevada properties get set aside.

cash. Williams said they had 4M end of november, raised another 4 in the december financing, are counting on 2.5M from ITM warrants. he didn't update the end of november number but said the full year ends this month and report will be out as soon as possible after that date. to me it sounds like they have less than 10.5M on hand because the november & even the december monies have been depleted. extremely roughly i'd guess around 8M cash at present. wouldn't this mean they'd have to finance again in 2009 to build dublin.

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