InvestorsHub Logo
Followers 182
Posts 11456
Boards Moderated 0
Alias Born 01/25/2010

Re: Danduedil67 post# 2972

Friday, 03/09/2012 4:53:49 PM

Friday, March 09, 2012 4:53:49 PM

Post# of 4675
Hey Dan, yeah, i think we MAY get some dilution at some point later this year. I'm not too worried about it. If enough warrants got exercised, that may fill the coffers enough to compensate for the monthly cash-burn (it's not too high a burn-rate, not like those biotechs and many other juniors with huge amounts of R&D costs)....

Maybe they can get a credit facility on which to draw.

As for drilling, Norm Tribe QP sure laid out some juicy prospects for elsewhere on the property in his last big drilling report. It would make sense for AMY to go for that sooner than later, IMO, to up that indicated resource size to gigantic proportions, although truthfully that already indicated <14B lbs is enough at base-case production rate to last, what, 120 years?????.