Explorers never have enough money, but unless you know their intentions with some type of time line and know their cash on hand, to presume they need cash doesn't say much that is useful. They have announced 4 different private placements since June 10 for around a $670000 less fees. If the placements have all closed and barring unforseen expenses they surely have more than enough to keep the lights on and feed the staff for the remainder of the year since no drill program for this year is planned according to their 15 Jul PR. So, its going to be a long summer with little news to drive the price to a dime or better.