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Polaris1

06/17/10 12:03 PM

#27449 RE: losmashrt #27448

I doubt it. It took the full amount last year to pay for salaries, travel, and the sampling results. This year we have $300,000 to salaries. So, $700,000 to pay all operating costs for the next year, pay for these most recent MMI results, AND pay for diamond drilling. Just seems like we'll come up short. Unless we JV, I think we're in for more dilution in 2011. Even so, you saw what this stock could do in the short period of time in which the dilution stopped in late 2009/early 2010(ran into the .004's).

So, when this dilution ends later this year we could easily see a 5-6 Bagger into the .004's.

This is why I say: Load up now, trade on the spikes, buy back even more shares when it drops down the next time. Set yourselves up so that when the dilution ends you can take advantage of our big upcoming run. I think we see two more small spikes before our post-dilution run up. That's TWO opportunities to double the amount of VIPR shares each of you own. GLTA