"flow through financing no more than 1.5 million , all companies are cutting back even KXL is trimming its budget"...

At current price (10 cents)?... Would mean an additional 15 million shares out. Warrants? I hope not.

Or at higher price (20 cents)?... Would mean just 7.5 million additonal shares out.

I realize the market is the market but there has to be a way to raise $1.5 million that is favorable to current shareholders versus issue an additonal 15 million shares at 10 cents... personally as a long time shareholder I would rather they shelve drilling entirely until next summer if that is the only option. Not acceptable IMO. However, if PP is exclusive to insiders than that is a different story. Would fully support this. If there is anything SGX share structure needs given relatively high float, it's increased insider ownership. Again JMHO.

red911