Ann: Quarterly Activities and Cash Flow Report De, page-2

re: Ann: Quarterly Activities and Cash Flow R... What really caught my eye in Cash Flow report was cash balance of $41.6 million at December. This is even after the $25 million cash in escrow for Alcoa deal.

Add circa $20 million (once they get cash from MC for Rey acerage) and take away expected $14 million exploration and administration costs for quarter (production small cash positive) ....

This means projected cash balance will rise over this quarter to circa $48 million.

Very easy and rough maths of $41.6 + 20 - 14 million

I know I am going on this theme, but those short the 15 million shares trying to force company into a capital raise will be getting very nervous with both rallying stock price and heathy cash balance the company has.

Game on (and as always, my simple views only)