Well, I guess the extra cash right now may be a good thing. Personally, I didn,t want to see it until around $5, but Lori must have good reason to get it done quick. This should cash us up to around 9-10 million in the treasury. IMO, ample for TWO drill programs. I beleive the Vilcoro is drill ready, or maybe there will be a further trenching program done there as well.

Apparently, the PP is a bought deal, so that is cash on the barrel. I will be interested in seeing who the buyer was.... I guess that leaves lots of room for speculation? Although Lori may have seen the markets unstable at this time, and got nervous that we wouldn,t get funding as quick in the fall, if needed, I would guess that we should not have trouble getting funding, at anytime? But, oh well, better to have it in our back pocket, for emergencies. You never know when we might have to drill like crazy on 2 properties.

I asked my self why Lori didn,t try to accelerate the options/warrants, but after some thought, see why. It probably would have prompted some to sell shares to exercise these, and there are a couple reasons why we wouldn,t want that. Nevertheless, if all the outstanding options/warrants get exercised, that will add another 9 million ( I think, thats the right amount, I am not going back to check) to the treasury.

So, bottom line, we are well cashed up and got that out of the way.