Latest post by ss1867:

"According to a previous NR, yes 13 holes were scheduled to be drilled in phase II....I may be mistaken but I remember being told all 9 were complete....maybe I`m wrong on the total, 13 is definetly better than 9 especially if they all hit pay-dirt. As for the Red Ore IPO, I was told that due to soft market conditions the brokers were concerned about the original 50 PP with the attached 75 cent warrant, so with the intention of getting it done the PP and the warrant were lowered in price. Management wants the money to get the ball rolling ASAP. When I spoke with IR on Wednesday afternoon, this was news that was only a few hours old from the board of directors. Again I try not to mislead...just the the facts mam. Definetly the big news here will be if we get impressive results from phase II at Regcourt, high grade assays combined with further dilineation of the deposit through the down hole IP should put some fire under this one."