Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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Message: Management

Management

posted on May 16, 2009 12:25PM

Several companies have come out with JV,s that limit further dilution and will add to shareholder value at some time, the 2 deals i,m talking about are PLE and RSG for starters

The deals they did provide cash and put properties into production, get royalties limit any dilution get JV buying shares etc etc



I think its imperative that SGX has something up there sleeve in this regard

Onoman can be JV,d off if copper prices continue to firm , do a deal that is similar has the ingredients that those deals had in place.

Golden Mile drill it and do a deal if reults are there

Reality says we can,t afford any more dilution

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