Armstrong, yes this last PP is for management. Looking at to-days share price, one can see a difference of 10% which in my mind is still cheap. I understand that a warrant is attached which can be exercised at .13 and this gives a cost base of to-days price. Managment has been funding this project for the past 3 yrs and in this time have put together a substantial land package around Sans Rice Lake deposit. Marum is joint ventured with San on the adjacent claims knowen as the Strike Point. Sans latest news points in our direction so we keep our fingers crossed. Rick Boulay our CEO is also the CFO of San so we do share some synergys and now with some cash , we should soon see some drilling on the Strike Point and the Poundmaker claims which were once past producers.Traps7