Management’s Discussion and Analysis or Plan of Operation Plan of Operation Over the next twelve months, the Company expects to maintain all of its six mineral properties and possibly acquire one additional gold property. The Company intends to drill at least one gold property in a joint venture pending the availability of additional financing. The Company’s current budgeted cash requirements of $650,000 will allow it to maintain its existing mineral properties and to drill on the gold property. With the Company’s on-going financing campaign, it is anticipated that the Company can increase its budget requirements and continue to acquire attractive mineral properties. The Company will continue to employ its current 5 employees along with engaging the services of a geologist on the monthly contract beginning in the second quarter of 2010.
March 3 2001
ExItem 16. Management's Discussion and Analysis or Plan of Operation Plan of Operation Over the next twelve months, the Company expects to maintain all of its six mineral properties and possibly acquire one additional gold property. The Company intends to drill at least one gold property in a joint venture pending the availability of additional financing. The Company's current budgeted cash requirements of$650,000 will allow it to maintain its existing mineral properties and to drill on the gold property. With the Company's on-going financing campaign, it is anticipated that the Company can increase its budget requirements and continue to acquire attractive mineral properties. The Company will continue to employ its current 5 employees along with engaging the services of a geologiston the monthly contract beginning in the second quarter of2011.
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