Ann: $21 million capital raising to underpin exploration, page-121

According to some HC back of envelope's I dare say conservative estimates we should have in excess of 1 mil oz in the ground starting from the surface plus a great metalurgical recovery rate. It also states that we are open in all directions. One would assume that instos that took a placement at 27c are not ignorant idiots and that they know what they are doing. In terms of MC we are priced attractively and are undervalued by any yardstick. Also, besides the retail investors we have significant number of instos who by definition should be more knowledgable than the rest of us. With the more aggressive drilling program starting in the New Year one would expect me faith in the future of this company. I am honestly surprised that no medium and large producers that operate in the region have not already put their foot in the door via taking a stake in TSO. Maybe I am too much of a bull, but I am still pretty sure that TSO is in a class of it's own when it comes to the potential some of which has already been proven thru drilling and sattelite imaging. Well, it would not be the first time I was proven wrong, but I will stick with it. A night is darkest just before the dawn...