With due respect, The CG, if you do not know who these 'people'...

With due respect, The CG, if you do not know who these 'people' are, then perhaps you shouldn't be an owner of the stock.

The reality of the situation is that the capital raising (which was not underwritten) did not go ideally - this can be attributed to two reasons:

1. The nature of the equity markets at present; and
2. Poor execution of the capital raising (the shareholder threshold level of 10.0% is really 'Capital Markets 101').

The further reality is that the Company is now funded, has the support of a reputable capital markets house in Canada (which suggests to me at least the execution risk will be better managed in the future), growing North American support for the 'story' and a number of significant projects, the benefits of which shareholders should start to see in the latter part of 2011.

So, we can complain all we like, but the deal is the deal, yes it was not well-executed, but the money is in the tin, let's move on and see some evidence of the exploration effort.