The question I have is how do they intend to fund the 22,000 Metres of drilling on top of the drilling going on in Pony and Onaman (remember the NR "3 drills turn for sage")? 

Someone posted that it can cost approx $300 per metre so 22,000 metres would cost about $6.6M.  My guess is that the pending drill results will send the stock to $1.00 and the company will be doing another PP to fund the next round of drilling to prove up the resource both on Jacobus and Onaman.

Just my Opinion though.  GLTA

Possibly a J/V in the works to pay for exploration costs?? Just my opion also GAAP. with the kind of prep work these guys do in advance, I have an idea that in many respects [not drill results] we are 6 months behind them regarding more research and prep work for the future and that would incluse any preliminary conversations with 'others'.

 JerryFrancis