Wednesday, December 02, 2009 1:05:16 PM
My question to Merle: What is the cost of drilling one hole?
Merle's response: We don't give out that information.
Question: What is funding source of the current drilling?
Response: Flow-through financing. They have a one year hold and no warrants.
Question: How many more holes are expected to be drilled?
Response: Many more, but don't know the total number, as that will be determined by the results.
Question: Where will financing come from for the future drilling?
Response: Further flow throughs and other financing sources are always a possibility.
Question: Can it be assumed then that Sarissa is in current talks with a potential partner in order to secure funding for the remaining drilling?
Response: Sorry, we just don't discuss work in progress.
End of communique.
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