Re: UC and production this year/luvme
in response to
by
posted on
Sep 24, 2008 12:42PM
I think the still have enough cash for the fiirst drilling. They are hoping to use cash flow from operations to help finance further exploration. In these times that can be very important. I don't doubt that they will need to do some kind of small financing, especially if they keep drilling as it is very expensive. I have been watching Spider etc for years and everything up there has to be flown in by helicopter, drills have to be moved etc.