It has been discussed here that, although our share price stinks, at least we don't have to raise cash at the present time. Management has guided our ship well in that we should still have plenty cash on hand from the sale of the R.O.F. properties, although I'm not sure exactly where we stand. And, there is revenue from the mill operations which can only increase. So, as others have said, we don't look so bad. Good thing because things may get worse soon for companies that aren't in as good of shape.

Something that I found on SH. Don't know the source.

Brent

"Delistings have been few so far this year, thanks in part to the "relief measures" which the TSX-V enacted in August, 2012. These allowed companies with shares trading under five cents to raise money by offering shares and units at prices less than five cents. There are some conditions. A company can raise a maximum of $500,000, $225,000 of which must be subscribed to by insiders. Only $50,000 of any money raised can be put toward working capital. The rest must be used maintaining or preserving existing operations. Also, companies wishing to raise money under these measures must first provide the exchange with an itemized breakdown of how they plan to spend the money. According to Oreninc, an PR website that publishes financing data, 50 TSX-V companies used the relief measures since last fall, closing financings as high as $500,000 and as low as $42,500.

The relief measures were first set to expire on Dec. 31, 2012, but they have been twice extended, to April 30, 2013, and then toAug. 31, 2013. TSX-V president John McCoach says he plans to let them lapse next month. Then, companies with share prices under five cents will need to consolidate before raising more money. This, he points out, is something many companies might not be able to afford. The TSX-V charges a flat $2,500 per rollback, while the TSX charges $5,000.