What results. They haven't even got 100% of Vallenor yet and haven't got any money left to go forward with mining or shipping. Before there is any hope of a joint venture with Chinese companies they said they needed to do extensive drilling to prove up reserves. They keep talking about drilling programs for 2009-10 but there is no money to do any. If YA Global weren't willing to take shares as payment the company would be in admin or worse by now. I think this company is for the chop very soon if they don't find a sucker to bail them out. When the cash dries up and there is no more money for wages it probably will. I have been a long time holder in this company and a major shareholder but even I have bailed on this company.
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