Hi Jeannie
Yes they made a deal to get 1.3CD from FDN in cash and 10 million shares in FDN.
I mentioned in my post of 29 Sept 2011 that from the financials they had a 3 monthly loss of $500,000 C$ approx . So on a simplistic calculation (depends on "burn rate") they have about 9 months for this money to last. It may be way off the mark, but if they are busy on Oxford Lake and Miner Lake the money will go!! They need a very good NR to get the SP up so they will have a chance of raising cash on good terms next year maybe. That't the way I see it please correct me if wrong!!
All the best
Spookey