The information released is not what everybody wanted to hear, BUT,
if you remember I did say their would be 2 PRs. Now its time to stop and think. Why bother with this PR if they didn't have the money to drill? Why bother with filing for more land to explore if they didn't have the money to drill? Why even mention the $.07 option if they didn't have a plan to raise the price per share.
Don't jump to conclusions, there is more in the hopper to be announced. IMHO.
They will come through!
This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks!
Howard Haftel