IF pel isnt drilled this year.... what are the chances that the...

IF pel isnt drilled this year.... what are the chances that the oppies can be extended?


I asked management that very thing.... I to think they will be fine, two drilling campaigns to start in the next few weeks, should be a few more mid year, plus no doubt a few more Acquisitions

It makes sense to extend the oppies and increase the strike price maybe

this is certainly in my books a better option for capital raising than offering more shares to the market with more dilution. Knowing they are cash positive now, and when the rest come on line we should be very profitable, so for me their would be no need for any more dilution and for the company to do their best in getting the oppies to thier strike price...hence taking care of their loyal holders

Obviuosly this is my thoughts only and i do hope this si the way it will go as i have quite a feww mill of them @ an average of 1 cent