As the benchmarks which follow the PEA, such as the environmental review process, water permits, discussions with NWT Power corp, and First Nations will keep the company busy over the next 18 months, not much can be "Spent" on a mine in this timeframe other than some more step-out drilling and perhaps next winter drilling deeper to bracket in the later targets at depth at Ormsby/Bruce.

So if someone puts in an extra $25,000, it would mostly go to exploration. However, they may buy some equipment that's hard to get, such as a mill, trucks, drilling rig (not core, but for the smaller 2 or 3 inch for blasting, and other equipment. They may get incremental approvals, to start some blasting and crushing, to stokpile before a mill is set up.

It's not cash we need now, but time. (**my opinion, 20121 don't be alarmed).

Nice moves in Gold today. May be a very good week.

SKELEG