If you read the MD&A , they state that they have so far spent $2 MIL on drilling their copper property - and however much on their silver property.

14 Holes do not cost $7 Million, even at those depths.

What I am going to figure out this weekend, is some rough caclulations on probable tonnage on their copper property so far. I find this property far more interesting - go with what you have, not what you could have when funds are tight. Spent some time reading up on some other copper deposits in Peru, being bought up hundreds of millions.... and yet this thing sits at a $6 MIL market cap with intercepts like 718metres of 1% Copper Equiv.

Perhaps they should just sit on their hands and promote the sucker while copper prices improve, then do a nice-sized financing..... it would seem the market has already priced in the worst for this stock so I will continue to nibble.

I was trying to accumulate under the radar this week, but it seems that some others have joined the fray.... buggers. Oh well, I've got half a position.