Exactly! Thank you. Money is tight and yet there seems to be a need to spend 'significant amounts of money' to acquire claims that may or may not provide access to 'an approximate reported resource of $10 million in gold'.
Now I'm not a miner, so please do correct me if I'm wrong, but in order to prove that the gold is there and to be able to pinpoint exactly where it is to be found - and then subsequently set up an oparation to exctract it - with that initial investment to get it started, what would remain after all the bills are paid?
Are we looking at a period of 3 maybe even 4 weeks w/o issuing additional stock to keep the lights on?
So either I need to sit down and spend some time researching 'Carlin style gold' and be surprised about the riches that are upon us, or I just sit back and await the answer to 'why?' to unfold. Because there surely has to be a reason for this other than the one I think I read in the press release.
If the idea is that that $10 million would help us drill Hay Mountain, I hope they don't find gold but that the dirt on the new claims uncover fully functioning drill equipment. With a crew.
But then again, I could be wrong, most likely I am. Possibly because I have never met Carlin.