Tau

You said ......"they have basically a blank cheque of +20 millions to do more or less what they want."

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I suspect the +20 million would include the 13 million (or some part of) they raised in Dec by way of flow thru shares. Therefore, there would be restrictions on what the monies could be used for. In other words it is my understanding it must be used for exploration in Canada. I don't think it could be used for acquistions of proven resources on American based properties as some here have alluded to.

I stand to be corrected however by some one who might have more knowledge with respect to flow thru financings

cheers

killick