Thanks for getting this information. Your assumption that he'll be looking for a PP in the fall is probably pretty accurate , given the burn rate. The problem with a PP is going to be the impact on the SP and how much he has to give away to get the $ from the PP. For existing shareholders we can only hope that the SP is in double digits before this happens, if not we could be in real trouble.

He seems to be pretty optimistic on the future, but then again he's the President if he wasn't optimistic then we'd be in deep trouble. My knowledge of him is that he's a fairly straight shooter so if he says he wants to leave a legacy then maybe we can read into this that a major is in discussions most likely not with SPQ but definitely with NOT but they'd want all of it, hence the necessity for all the other juniors to drill their claims, and prove their worth.

Perhaps if the rumours re another hit by NOT are correct then we will hopefully see a spill over affect on SPQ.

Once again many thanks snug for getting the information to us it is appreciated.

Joe.