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Wednesday, May 14, 2008 5:49:42 PM
I also called Paul (kind of a dry guy) and verified that Bulk sample permits are in hand. I didn't get a sense that Drake's involvement was dirty or shady but he skipped the issue as he felt he wasn't qualified to give out investment advice. Understandably so.
At $800+ an oz, I am fine with only bulk-sample drilling! This will be revenue for Drake plus they've raised some capital with no dilution.
Looks good to me.
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