Ann: Cerro Padilla-1 Update, page-31

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The drilling program has started. There has been a delay. The program has still started, and we are underway.

Your argument honestly makes no sense.

1) The directors hold options too

2) The company would prefer to have the $10m as opposed to doing another cap raising, and I have no doubt the market would share that sentiment

3) Why would they not prefer to be "diluted" approx 20% if it meant the share price was over 4c (i.e. 4x the last cap raising at 1c)

Seriously mate, the nay saying this morning based off this announcement would almost be amusing if it wasn't so puzzling.

On another note, up 20% this morning on an hour trading. Someone has a 1,500,000 buy order in at 2.3c. Lets have a strong week