I would imagine the 1.9 raised is to be used for the upcoming drilling. Which will prob cost that sort of money. The line of credit. I'm not keen on that. Thats like using a credit card with no income and using your house as collateral. It would just convert to shares i assume. I think we need to keep raising in small bites, proving up the resource, so that we can eventually raise at a higher price. Crap market. My only optimisim is that, since they found a solid project, they have been active on it. We are lso surrounded by some big players. One can only dream!
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