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Re: LJ Silver post# 60177

Thursday, 01/10/2013 4:06:53 PM

Thursday, January 10, 2013 4:06:53 PM

Post# of 67010
Thanks I appreciate it. As I said I am just planning to speculate, but if this is actually a real business opportunity that changes level I might jump in at.

1.) I doubt they have any reserves as that generally requires a feasibility study, which if they had they would probably be shouting form the rooftops.And in any case they probably would need to file a 8k

2.) Capital requirements - even at half your estimate, even with "traditional" financing ,that would be double the outstanding shares most likely.

Since they had some sort of deadline January 6th, I assume they will be filing an 8k soon.

Thanks again
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