Yes, I agree. Also, if they hit something big and needed expansion money there could always be another PP or share offering at a higher price in order to get things done. Revenues will set the company apart from the run of the mill exploration company; however, a significant find or any number of unexpected circumstances could lead to additional shares on the market.

I want management to contiue to show flexibility.

A friend of mine that discusses this company with me regularily put forward the question; Are they a Silver/Gold company or a Copper/Nickel/Chromium Company. McFaulds acctually clouds the picture and eats revenues that could be used developing the known resources in Mexico.

It's within the realm of possibility the company could split down the road into two entities for the separate projects.

The possibilites are extensive and I don't want management to feel they cannot explore an option in order to avoid dilution.

I bought a portion of my shares in my RRSP as I think this on will pay off for me in my retirement (30yrs) for certain.