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Wildcat Exploration Limited is a publicly traded company actively exploring in Canada for precious and base metals.

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McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: Thankyou Northlion

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NorthLion

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Re: Thankyou Northlion

in response to Re: Thankyou Northlion by Donald jr

posted on Oct 31, 09 07:28PM

D jr,

I am not sure what the cash position is, but it is ineveitable that they will need to raise some money to finance the expanded effort, IMO. They have some money coming in from Strikepoint from the Poundmaker option, but that will not be enough to fund everything. And Wildcat doesn't like to let the well run totally dry - even last winter when they had a PP at .05, they had some money on hand but raised some more through the PP to make sure they would be able to continue on without being right to the wall.

As such, I would be expecting there to be some kind of PP sooner or later... it probably wouldn't hurt to let the office know that you are interested in case they do put something out - just to make sure you wouldn't miss out. JMHO.

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