'Alright K. So if Wes has to do a PP at current prices, to get 12million in the bank, he'll have to issue another 20 million to the current float."

There's the conundrum, Ron, but;

2 scenarios:

1. If there are half decent drill results to come, from this winter's drilling. it should bump the price a bit to allow financing, either new or warrant exercise.

2. If they spent an average 2 mill/month this winter and hit nothing, is it in anyone's interest to continue the same strategy for the rest of the year? Maybe they just hunker down and await the env assessment and infrastructure news, and proceed with mining plan financing.

As for a share issue falling into the right hands, who would be right. Remember they tried to get financing from other sources last year. When it fell through they wound up taking Baosteel's offer, which was not their preference. It likely still isn't, since most of the money was used for chrome drilling, and successful as it was, added nothing to their value.

As for the Canucks, I have lived in BC for over forty years. I am used to them.

Best regards

K