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Monday, February 28, 2011 7:15:03 PM
Very thoughtful and correct! It doesn't hurt us, and might help us...
Nice summary of our position:
Consider the following:
1. We have cash and are in no danger of losing our claims (compare to last year)
2. We have the perfect JV partner lined up for Big Chunk - They have paid for additional exploration and will likely pay for drilling.
3. Anglo / PLP are doing ALL the work to allow permitting and will continue to pave the way for us free of charge (biggest gift of all, without this we wouldn't be able to do anything with these claims)
4. We have other projects that add value to the company.
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