Rod was elected to the CEO position on August 23rd so he has been on the job for almost 3 months. The previous arranged funding agreement was terminated per the 8K filing on October 12, 2011. Rod hired ALS Minerals to do the trailing piles drill testing and I feel that both those actions are related to acquiring the funding.
I know money is tight and the recent financial turmoil around the world is not helping. Hopefully we will hear good news soon.