I think it would be very wise for the company to raise at least $20m instead of $10m - now that the stock is starting to get noticed the more value management can add quickly the better for all of us. It is hard to argue against the logic that growing the resource as quickly as possible now is not worth a little more dilution to current shareholders. They could easily use the funds to bring in more rigs to accelerate the step-out drill program and as well as starting bulk sample testing as soon as met results are in. I have no objection to them taking the money while they can as long as they are putting it to work!
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