Hi, my basis is not a technical one rather one for the...

Hi, my basis is not a technical one rather one for the times.

They have a MC of $31m and cash of about $6.5m, so they are rated fairly highly for an exploration stock. Granted they have some pretty good numbers coming out of Ontario however they will have to keep spending big to get the resource up to JORC/43-101.

They have enough money to keep things slowly ticking over and will be in need of some more cash soon if they are going to do all this drilling they say they are gonna do.

They pretty much have enough to list on the TSX however a resource would be nicer which will come soon.

Of course continued great numbers or a new discovery or the deal of the century could change all that very quickly.