1M shares (plus wts) @ $0.10/s = $100k to continue its operation (such as general purposes and some non-expensive exploration, but not enough for any drilling, imo). The burning rate is probably low, but $100k would not last that long considering on-going expenses such as keeping the lights on, option payment for that piece of property. Anyone know the amounts and due dates for the option payments?

http://www.theglobeandmail.com/globe-investor/news-sources/?date=+20140314&archive=ccnm&slug=201403140933345001

Interesting to see that it's called the Borden Lake Extension Project...and of course PRB Borden Lake (5km away) was referred to, many times, in the NR. Presumably a proximity play.

goldhunter