I checked the latest financial statement on Sedar( Aug 31) to see what the cash situation is. They had about $ 1.5 million cash. Most of the announced drilling programs are being paid by other companies as part of earn-in option agreements( Otis and Canalaska) so there's no cash requirements for the near future on those properties. But the Reno Creek deal appears to have some substantial costs coming up soon. The details in the fine print indicate a requirement to pay $ 7 million to the money people(PPRF) by December 1,2010 or BYU's interest in the property will be diluted. They could also borrow the money from PPRF at 15% interest, which is one level below putting it on your credit card. I'm thinking a PP will be announced before year end so here's hoping the share price continues rising to reduce the amount of dilution.