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Message: NEWS: Mexivada finds new molybdenum-gold targets at Moly Dome

Re: Da News

in response to by
posted on Apr 23, 2008 11:42AM

I just got off the phone with IR.

We are fully funded for this year. We have no DD targets identified yet and to bring one on site would be very taxing as I have just said. So I would guess that will be addressed more towards the end of the year after we are cashed up... Hopefully at higher prices... But I am going to buy on the dips as always.

No word on any Rhenium when I asked???

For the Pipe they will bring in a excavator and dig up the river and send samples to the lab.

But the Rainy season could throw the schedule off a bit.

Right now we are in the early stages of planning the 08 exploration schedule so stay tunned.

So from this I think that we are going to be very frugal with our bank account and we are playing by ear at this point in time doing the same type of exploration work that we have done in the past.

(the ink is still wet)

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