Re: Silver & Gold Disconnect from UC SP
in response to
by
posted on
Sep 17, 2009 09:11AM
It is difficult to get hard cash at this time. The money they have been able to get is flow-thru that must be used in Canada.
I for one have no problem with them taking their shots at McFaulds. If they hit even one big hole they will probably have all kinds of money thrown at them and presumably at a much higher SP. One good drill hole could easily see us with SP double or triple from here. We can then get 2 or 3 times the money for the same dilution from a financing. Let's take some shots and hope for the best. In the end the mill might be selling its' gold for $1500/oz...so we might get lucky.