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Message: Re: Dividend or Dilution
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Dec 31, 2011 01:47PM

They have 90 days from fiscal year end to file the annual report which includes 4th q but if the last year's releases are any indication, they have been releasing a quarterly summary about a week after the quarter has finished. I'm not sure if they will continue this trend with the 4th q because the annual number will be tied to it.

They also had most of the money spent for the 300,000 m drill program by the end of q 3 so I would expect it all makes the new report. From what management says the new report will be out in q1 but we have been down this road before. Not only that but the exhuberance surrounding the last report was short lived because it was revised down soon after some big money left the stock and it has been submarined ever since. Go figure.

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