Ann: Quarterly Cashflow Report, page-73

imo the only risk is a big, dirty, fat placement. If we take the company's word for it and believe that they have enough money to fund their initial exploration then I just can't see this staying at what is now just over $2mill marketcap. Makes no sense. If there is a placement on the cards, insiders as always know, and there is no incentive for them to buy shares on market. Ont he flip side, the Pattos of this world are inclined to help ramp up prospects of a stock to reduce dilution.