Thats consistent w what I've heard-as if they are going to bypass otcbb altogether to go on a bigger exchange-in fulfillment of a Nov 2010 PR re "merchant bankers" (investment bankers who underwrite an ipo on one of the big exchanges) and "Nasdaq". Thats apparently what they are shooting for-hope its sooner than later as many are in a situation similar to sunnybank.

I researched all the big exchange requirements again recently-Amex might be easier but they are going for Nasdaq I think-not TSX-which requires producing co's to have a NI 43-101, whereas Nasdaq does not. And recent hole drilling -while impressive for a recent startup -does not at all seem geared towards a NI 43-101-would've been nice if they let drills keep going til ran dry but dont know costs of that. He does say longs will be nicely rewarded.