Wiser investors than myself perhaps recognized in September that a private placement would be needed and would dilute outstanding shares by say 20-25% to raise sufficient capital to get us through permitting. Such a recognition might have been the impetus behind the share dump over the past couple months.

On the plus side, its seems like the share price will be at the 9 cent level until the private placement is wrapped up, allowing us to Joe Six-Packs time to wade in at an attractive price.

Old School