Re: Who will be smarter?
in response to
by
posted on
Jul 31, 2011 05:11PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
Yeah, thats right. I think I remember hearing that also.
So, if this initial 10,000m is all shallow ones, thats excellent. I guess 3 -1500m ones added on top would be good too. I would like to see the 4500m ADDED to the 10,000m if required, but realize that the cost may an article of consideration.
I guess there is still ample room to include the 4500m deep drilling in the 10,000m, leaving approx 18-300m holes.
We have come this far on just private money and I don,t see the need for institutional financing in the future. I beleive if all the warrants and options are exercised, it would put the treasury somewhere around $14 million? I am not sure on the $14 mil, because its been awhile, but if there is great news and everything gets exercised, we won,t need immediate financing. Maybe thats why Lori called off the last PP, she knew we wouldn,t need it then?