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Re: carl405040 post# 149

Friday, 06/13/2014 12:36:18 PM

Friday, June 13, 2014 12:36:18 PM

Post# of 174
Not sure I completely agree with you carl.

Sometimes an RS is neccessary. On the TSX-V the minimum private placement is .05/share so its hard to raise capital this way when the share price is below that threshold.

Nothing is imminent. I think they are just covering all their bases and weighing all options.

We should hear something soon hopefully as to what the plan is.

From what I understand management has been busy and has been working on reduced salaries for some time now.

GLTA & JMO