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stock_peeker

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stock_peeker

Re: cartonet post# 15590

Monday, 08/17/2009 9:41:17 PM

Monday, August 17, 2009 9:41:17 PM

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PAL: Some of the money from this new financing is to be used to restart the Lac des Iles palladium mine???? I thought they were just going to concentrate on Sleeping Giant gold mine til palladium was worth mining again.

"The Company's intended use of proceeds is for financing exploration and development expenditures at the Company's Lac des Iles palladium mine and Sleeping Giant gold mine, funding capital expenditures and working capital requirements for a restart of the Lac des Iles mine, and for general corporate purposes. "

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