Will be 2 weeks tomorrow since SGX close first tranche of latest proposed $3.75 million PP. Thus far they have raised $3.45 million via 'a group of institutional investors' ($1.95 million) and MineralFields Group ($1.5 million). Still $300k to go. Still blows my mind that insiders would buy at $0.20 but not participate in PP at these prices... or maybe they will pick up remaining $300k?... unless they are prevented from doing so. Find it kind of bizarre that they had no trouble raising $3.45 million and now have just $300k holding things up.

Despite overall market conditions, some of recent downward pressure likely the result of this outstanding PP... always happens this way. We need it closed and behind us... an update with sampling results... and drilling announcement... all co-inciding with massive KXL NR. This may get us a small pop... whether or not it holds is anyones guess.

red911