timeframe & update needed?, page-3

Hi MrGann,

I agree with you about the capital requirements of the company.

If you go back to the very first thread about the Copper project I mentioned that existing shareholders could be significantly diluted due to the amount of capital that needs to be raised.

I have continued to voice these concerns every time new information has come to light or if there has been discussion on ROS.

At the time a number of posters (who shall remain nameless) said that I had no idea what I was talking about and that ROS would be trading at a multiple of its current value within weeks.

Now that the matter is reaching a critical point these same posters seem to be missing in action.

I dont think this project will go ahead within the quoted timeline, nor in its current form. I will however wait for a company update before commenting on that further.

As per my original posts if the company is able to secure the copper project, prove the large size of the deposit, spin off the silver project and minimise dilution then yes there may be some upside in ROS.

However IMO there are alot of "ifs" and the chance of all the above happening slim.

As always DYOR, consult a financial advisor, etc