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Re: None

Monday, 10/05/2009 3:12:10 PM

Monday, October 05, 2009 3:12:10 PM

Post# of 201
not sure where everyone is. Just thought I'd make another post here. Spoke with IR just now. She explained to me that the private placement was worth roughly $70 million. She further stated that in addition to their $24 million cash that they already have brings them to approximately $94 million. She also added that with the exercised warrants that would add another $45 million or so, bringing our total to nearly $145 million for this company! Amazing!

Also couldn't confirm the dates for when the fifth drill was brought in but she said it was recently.