I feel that this CR is quite responsible. We have approximately 480 million shares already. If all $1.5 million is raised then that increases shares on issue by approximately 100 million giving 580 million. On top of that we have Adam and Jonathon in control of how and what the capital is spent on. I believe both are responsible people and the funds will be spent wisely. Additionally both of them can count, they know that when drilling is contracted that there will be enough money to cover the cost of the drilling. Not half as much required and then have to pull the drilling program short of the number of holes. That is my personal opinion, why else other than poor results would a drill program be stopped suddenly.
Beach
ICG Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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