Reg,
The only answer I have is that there will be substantial dilution taking place. However, it will bring in a lot of reserves directly under BYG, instead of TYG/ORI. THe whole junior market as you know is totally in the dumps, and we are not immune. The longer term prognosis is much better, but production is now the key. I will be talking to someone in the near future to try and get a better idea about the plans, but as is mentioned in the ORI annual report, they are now taking time to firm up those plans, so we have to wait and see.
Sincerely,
Al Cern |
