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Re: Tina post# 17637

Friday, 01/09/2009 3:34:37 PM

Friday, January 09, 2009 3:34:37 PM

Post# of 83049
It shouldn't take anyone by surprise that they will need to increase the AS.....they've been at 2.5 billion OS for a few weeks and they do have operating expenses that need to be paid.

The question is not what is the current AS and OS, the real question is what it will be when they become cash flow positive or when they secure financing?

All an increase in the AS would do is provide management room to operate. Remember they own several hundred million shares and are more negatively impacted than all of us when the shares are diluted. I know they are working hard for all shareholders; however, this does not mean that I will not hold them accountable if they do not perform.

I went down to the mill in November and reported here that I didn't think the mill would be fully operational until Feb or March. I can live with a few more shares being issued if that means they can achieve positive cash flows sooner rather than later.

I will start getting worried if we don't have concentrate by the end of Feb.

F18

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