14k at 14 cents, page-17

Hi kids. Well i'm in for a taste this morning.

Yes, the next capital raising does concern me.

Yes, I don't think the resources and reserves are large enough to currently be an overly attractive mining proposition. I prefer larger scale resources like GRY and AMX where it's more worth you're while building a process plant.

Yes, the resources/reserves they have are pretty much geographically split in two.

However I do believe they have some pretty impressive deposits for a company of this market cap. They have the option of holding off on mining development plans while they build up there gold inventory a bit further if need be. I believe the bad stuff is already priced in.