Well, I understand that the requested inversion data will soon be available, so it won't take much longer to hear some specific plans for the ROF.
It's obvious from the PP info and financial reports that Jim doesn't have a large treasury just now. It's a tough call whether to go ahead and drill a limited number of holes, and hope that a hit will bring the SP up enough to make financing further exploration less dilutitive, or to seek enough funding up front so that a thorough exploration program can be planned, at the cost of greater dilution. I hope (and I think Jim hopes) that the report from Geotech and assessment by Scott Hogg will make the decision easy to make.
As to La Yesca, because he can't use flow-through money to finish re-engineering the mill, he has no choice but to find new financing for that. Unless he hits a bonus deposit in the ROF. So, you might wish to join me in hoping that the summer drill program in the ROF carries both projects forward.
Donypee posted to the Noront board that there was a possibility that the provincial government had approved road upgrades/extensions towards the ROF. If true, that rising tide may float our boat, too. With Noront's recent depth extension under Eagle 1, and the possibility of other news soon, we've got to be coming close to the tipping point that will see the ROF shift from 'greenfields play in the middle of nowhere' to 'Canada's newest mining camp'.
Lar
