capital raising, page-8

Of course Patos aren't saying its 100%
thats why the title also reads "spectulative buy"

Sure there are alot of options expiring july 08 but if its anything like the last expiry where most options were converted and it reaped huge cash flow for the company i wouldn't be worried.

There is absolutly no reason why they would or should undertake any more capital raising from share issuing.
Why would they when they can get $20 Mill US alot easier through debt. The only reason most companies issues shares to raise money is because no one will give them a loan.

I'm not saying their aren't hurdles but they have a lower risk than most hole drilling juniors out there, especially since they will most likely be actually making money this year unlike most other mining juniors that are 3-5+ years away from working mines.

I mean one guy has stated that they are pretty much frauds, ripping money out of investors. Been in the top shareholders would the MD's really want to bankrupt themselves.