Ann: Trading Halt, page-49

Greetings tbirdsgro,

Your observation makes a lot of sense, Interested Onlooker is also correct because $5.00M will not go anywhere near testing the vectors that SGQ aims to follow before the end of the year, not to mention embarking on the Paterson tenements, which will prove to be a very thirsty financial exercise indeed. As I understand it, the targets are in the Proterozoic basement rocks under the Permian cover, which is at least a couple of hundred meters thick, unless the basement is much closer to surface in the tenements held by SGQ. We shall see. We don't want to keep going back to the well every few months. As Dazedandconfused suggested, 50 Million will really get this cracking over the next 18 months.

Cheers,

Helmenesh.