On their website they have a power point presentation that states they have 3 000 000 in working capital and expect to have positive cash flow by first quarter 2009. The presentation also states they will spend 5 million in upgrades to the mill to reach 1200 tpd and that conservatively they will produce minimum 25000 ounces in 09 that number will likely come in at 50000 plus ounces unless they will have to stop production to do the upgrades.

These boys are building one hell of a producer we may not have alot of cash but they are building the net worth of the company and they plan on exploring Nelligan soon. The main thing is we are going to have positive cash flow soon and in the not to distant future we will be producing closer to 75 000 ounces a year plus than cash won't be a problem.

I prefer their strategy of building ounces and increasing tonnage we are going to be headed for close to 5 million ounces plus with their properties combined thats what the market is going to want to see thats alot of money even at depressed prices.