Chad's Anweres to My ?'s RE Drilling Result; Strata Stk Vote, Gold Ind Update
posted on
Mar 31, 2009 12:51PM
Hi Chad,
When can we expect Strata Gold shareholders to vote on our planned merger? ** Mid May (close end May expected)
I suspect that drilling at hole 14 has been completed by now unless you have run into some difficulties. What is our timeline on expected press release for the drilling results? ** Assays expected at any time now
Any changes in the industry is past couple of months that merit mention? ** some smaller cap companies have managed to raise money (like VIT) while majority haven’t so their condition remains very tenuous (a story of the “haves” and “have nots” really) -- so, segregation of industry happening; Investor appetite still very weak for smaller cap companies although gold is very popular
Thanks,
Tom Smith