Kivalliq's going to go forward and do a lot more drilling this year. It has an estimate of 22 million pounds (22 Mlb.), but that's not NI 43-101-compliant because the drilling was done 25 years ago. The company will have an NI 43-101 completed on its Lac Cinquante property in the first quarter of this year. Kivalliq had a lot of foresight to acquire all this property, which totals 225,000 acres. Now, with what we think is going to be a major uranium bull market, Kivalliq is sitting in the driver's seat.
Lumina Capital Limited Partnership just did a $5 million private placement with Kivalliq, so there are some other people on the Street who agree with us.
It's all happened before and it will all happen again. Might as well profit from it.
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