Yes, the CF outlook looks a bit tight. However, they are pretty...

Yes, the CF outlook looks a bit tight. However, they are pretty close to generating positive cash flow.

My guess is that they could easily do an institutional placement if needed to get them through without too much risk to the shareprice. Production is close, and the results at Duckhead continue to look very good. They are likely to produce a reserves/resource statement soon enough for Duckhead which will add significant ounces to the 5.14 million ounces they already have.

I have seen other companies I would be more worried about.