Conference Call
posted on
Jan 30, 2008 06:18AM
Nothing earth shattering from the CC today (as is usual for these things). I know they filled their quota for attendees as at least one investor I know couldn't get in. There was a review of the report and an d Altmann basically said the next step is a complete review of the exploration plans going forward. He hinted that in light of the huge potential in the report, they may be stepping up exploration to higher levels ( my take). In light of that they were unable to answer questions on possible funding plans/dilution down the road until the review was complete. He did say that at current exploration activity they are well -funded for the foreseeable future. They also obviously couldn't comment much on share price and where they see the SP going.
I would love to see them go full bore at proving up a large portion of the potential that was outlined in the report. The full report will be on Sedar within 45 days of the NR.