Re your statement " PP was recently made and another PP is coming soon"
The .35 placement you refer to here has already been completed and submitted to TSX for approval.... will soon be ticketed and shares dispersed. I took a good portion of this last PP so I know what I'm telling you is fact. News has already confirmed this.... the final NR on TSX approval is the next step.
This should set the company up in the interm... I think Bob would like to see the stock price in the dollar range before loading up with funds for a major summer work program....
@ $1.00 I can see SNO doing a 5 million dollar placement which would fund major indicator sample and a 5000 tone sample from Mud Lake if warranted.... Lets hope we see a couple large stones and SNO will be the next Winspear.
I've been told that the Mud Lake kimbie is an exact match for Snap Lake..... Thats what got DeBeers interested in the first place........ Who owns Snap Lake.....? DeBeers.