This model is labour and capital intensive in th
Post# of 5546
This model is labour and capital intensive in the beginning but as the properties are nurtured and developed they will increase in value as more “modern” methods are used to continue and update past property assays and data. The end goal is to bring these properties to the point of drilling at which point due to the high cost the Company would then look for a JV, partnership while retaining a Net Smelter Royalty on behalf of the Company. The Company feels that if current macro economic conditions continue to exists, the business model and its underlying assets should experience an increase in valuations. The Company expects that it will need to raise additional funds within the next twelve (12) months in order to sustain operations. In regards to the Company capital structure management will do a review at the end of Q4 2011 and will use all tools at its disposal in regards to making sure that the Company will be able to finance all their exploration commitments.