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Thursday, January 06, 2011 12:12:57 AM
The Company believes that its cash on hand along with proceeds from the sale of a portion of its working interest in the Paradise Unit, will allow it to finance its operations for the next six months.
In order to sustain the Company's operations on a long-term basis, the Company intends to continue to look for merger opportunities and consider public or private financings. The Company plans to undertake further exploration of the Gabbs Valley Prospect in 2010.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7557174
m1999
2011-PENNY'S WITH MAJOR RESISTANCE PASSED is where a riside.Here is the link:
http://investorshub.advfn.com/boards/board.aspx?board_id=19627
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