Doc, all of this is a trip down memory lane as I have a lot of old notes on the subject matter...audited financials, fully reporting etc. The koolaid suggest we are close to a JVA. Of course that koolaid has been very wrong as I was reading lots and lots of emails from the 05/06 era when we thought the same. But assuming we are there a within a week or so of a JVA, that would suggest the company is preparing for something 6 months down the road....if they just started the process and wanted to time audited financials, and EDGAR filings, and a "institutional" friendly image then the JVA could be months and months down the road possibly into next year. Since the koolaid suggest we are there, then the company must be preparing for drill results and confirmation, and a just in case the major cant afford to take us out...LOL!!! This thing is not going to $40 overnight.
HAND the partner could have asked that they do all this as a part of the deal clauses??
lets hope not I cant wait another 6 months to see a JVA....Juan and Les are getting wayyyyyyyyyyyyy to old!.
not what I meant I menat that maybe they needed to get it going as part of the deal