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Re: pooter03 post# 3257

Tuesday, 08/24/2010 11:41:41 AM

Tuesday, August 24, 2010 11:41:41 AM

Post# of 31299
I'm more inclined at this point that they do a JV. It would make sense since Mgt. is keeping the 12 month restriction on. They will either go it alone on the second phase drilling and then do a JV or if the gold per gram is high enough have the JV partner eat most of the next drill and feasibility cost. Either that or we drill again and further prove it out and sell in 12 months. To sell or not to sell I guess will depend on how high the price goes up on news and what the future price could be for waiting.
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