Its not the consolidation that's going to reduce share holder...

Its not the consolidation that's going to reduce share holder value, its the capital raising which is basically going to reduce our value by half. Having said that, half of CEO potential is better than most investments out there.

But without the capital raising we have no future value because we wouldn't have any cash to buy the Mongolian tenements.

The only thing that I don't like is the low issue price but it has been set and that's that.

Imagine big hits end of Dec continuing through Jan, JORC and share split Q2 2012. This is going to be a multi bagger from here. Might only be 5 instead of 10 but still better than putting it on your house for 7%.