re: Ann: Quarterly Activities Report, Appendi... They raised a...

re: Ann: Quarterly Activities Report, Appendi... They raised a mere $3.4mil (at a premium) from a planned $20mil, and yes I've read they "refused" $15mil in favour of a jv arrangement. But now they are mentioning jv or sole fund.

Last October they raised $6mil from a planned $26 mil.

As for dilution. If they don't get a jv partner and "sole fund", you may still get that dilution.

Pity they didn't at least show some pictures of the adit progress. Only mentioned "initial work has been delayed"

How "initial" is the work?

Initial means .. beginning, opening, commencing, starting, inceptive, embryonic, fledgling.

Anyone know how much progress has already been made?