Jagman,
said: "Any guesses on net losses for 2005??? Net Loss of $5,049,995 for 2004....I say Net loss of $6,000,000 for 2005, and at least $8,000,000 for 2006 with the added expenses of running a drilling rig."
That only adds up to 19 million which is in fact negligible considering the lease amep has, altho nobody will answer what royalty etc we have to pay the true owner of the mineral rights. But still, 19 million isnt much and has been desolved into OS. Where do you find the significants in this?
tia, at least you will probably answer!