Positive drilling is expected. The cash to develop the project is lacking. Therefore, more shares will be issued, or a farmout will be announced. In any case, there will be an expected dilution in the existing share equity. But.... if they have anywhere near the tonnage that the rock chip analysis has shown to possibly contain from Mt Alexander, the market cap could easily go ballistic in a short period of time. A Chinese company taking the entire operation out also can't be ruled out, and is probably the most likely scenario. Agree, hold on to your hats here, 2010 could be a very interesting year for this company.
All IMO and DYOR.
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