Hi George, I have to concur with some of the earlier posts, that came out immediately after the NR. I found it VERY interesting that a company who has been focusing primarily on other targets is committing this kind of cash, to this particular project, at this time, when they do not currently have said cash.
The way the release was worded, it says to me that they do not have the option of simply vending out portions of their interest, to pay for the work. They actually have to come up with a reasonable whack of capital themselves, for this. Suggests to me that they may already know where it's coming from. The only way I can see that being the case, is if there is more to their findings than we are currently aware of.
I consider my source, re: news out VERY soon, to be quite reliable and will be surprised if it is not out by Thursday's trading.
Salut,
Leigh McBain |
