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Snook

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Snook

Re: None

Thursday, 05/05/2011 9:50:32 AM

Thursday, May 05, 2011 9:50:32 AM

Post# of 4649
Hmm. I just scanned the Annual report and this item on page 15 stands out as unfavorable for a run:

Capital Issues

We do not currently have sufficient capital to engage in exploration activities.

The cost of our planned exploration activities is approximately $500,000. As of the date of this filing, we do not have sufficient capital to engage in exploration activities, and no sources for financing.

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