No Disrespect intended, Robert, however, I've always found Bank Managers and mainstream financial planners to be very out of touch with the junior resource market. It's not a world they seem to get involved in or understand.

You've known her for 18 years. In that time has she ever recommended a junior resource company to you? Maybe she's different than most but in my experience, the bank has suggested bonds, mutual funds... stable stuff. Back in 2002 I suggested to my banker I thought gold was going higher... they thought it was risky and said I shouldn't put much of my portfolio in gold.. no more than 5%.

Anyways the most important question you should ask yourself is "When was the last time you saw a bank loan money to a junior resource company for exploration?"

It's pretty rare. Financing almost always comes from placements and private equity firms.  Firms like Endevour. Most companies are well financed this year and I believe there will be floods of money coming in by next fall so I don't see a worry. In fact, I just called up a CEO of another company I'm in and asked if he is looking for money (as I'd like to get in on the next PP with prices so low). He said he's had a lot of requests. Prices are extremely attractive for venture capitalists. 

Banks stay away from this... it's just too risky for them. They like safe and secure investments such as sub prime mortgages.