thank you for asking the question, SD, similar thoughts went through my mind and after discussing it a bit with my spouse and then asking Griz for input here is what I am concluding..

we all know that drilling up the potash is going to take millions…… it is about 1.25 million per hole so say we wish to drill just 4 holes, that is 5 million $$ - if we wish to raise that kind of money, at today's SP within GZD it would take 10 million shares plus warrants etc in order to do so and would almost double, our current float and further holes would dilute it further - with all of the awesome prospects that we have in BC with the Greenwood properties and the diamonds that are still waiting…….. the BoD and advisors felt that would be a shame to dilute our tightly held company in this way and so they tried to figure out the best way to do it to bring increased value to the current GZD shareholders without diminishing the current value

correct me if I am wrong, the current investment in the potash properties is just the cost of staking plus the time spent researching and in decision making - therefore Bananaboy is correct in that the value of the potash being given in our current SP is minimal to none - even if GZD retains only a 10 or 20% interest in Alberta Potash it will bring more value to the company than we currently have and could be a source of cash in the future for other drilling, again without further diluting GZD

many of the brokers and investors who Mr Testo has spoken with over the last while have complimented him on keeping the company tight, especially during these recessionary times - diluting properties is not a big issue as there are always more properties to be had, however, diluting a company is a one way ticket.... there is no going back

if I have this upside and backwards, please someone, feel free to correct me…. we will be watching the IPO with great excitement - does anyone know how long this whole process usually takes?

QQ