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Message: Re: Updated 43-101 guess & calcs
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Feb 22, 2011 04:08PM
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Feb 22, 2011 04:37PM
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Feb 22, 2011 04:40PM

Remember that fully diluted of 160,367,269 would also mean $5.2M in the bank before the end of May if all warrant are exercised and $8.1M in December to start next years drilling, with app. $5M to start this year seem like drilling will prove the potential of OSZ before any more money is needed. Adding that if the SP does rise then there is the possibility Pem could accelerate the warrant time if cash is needed. Let the drills prove the geophysics and hope the MM are getting close to their fill but not till I get mine.

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