Well, you were supposed to take a new PP and let your new warrants expire next year. That evens it out.
I am having the last laugh. I am stealing the geniuses of Zenda and spiriting them away to another Castle. Big Gold Rock Castle, which will impersonate a gold/moly mine.
I don't know where Zenda will go or how. It's new properties are grass roots. They may have punch, but it's a gamble. The new management has money raising power, as they have driven stocks before. Maybe they have an ace in the hole. I was told they were to drive it to a higher plane to raise some serious money. But the shares out are a tad big. If they had a Chinese gold mine, I would breathe a bit easier. Personally if I were them I would have taken my offers of a JV on the Moly properties or concentrate on their KL properties. The KL thingie has some intriguing features. And there was an option there they missed that has some good mineral on it. The Cat can take care of that. You can hit if big in KL in certain places. History tells us that. I know there is opportunity there.
I am pretty sure the properties of Shield's will either expand or small scale produce. Geologically I am working on safe bets that have insulation at several "levels". No property is insulated against bad markets and lack of power behind it,though. Some people are panicking every time the market dips, convinced that the Chinese will back out of double digit growth or the gold price will tank. Everything about these kind of trends tells me that they are not that easy to manipulate once the toboggan ride begins. Still I would have been much more comfortable if we could have got our development money last spring.
EC<:-}
AI
