Hello shareholders and investors, I wanted to give you a brief update on our progress. I realize it has been a couple of weeks without a press release, however, management continues to push forward on the tasks of expanding the resource, permitting and alternative means of financing.
While the gold market has seen signs of strengthening over the last couple of weeks, the overall financing market remains tight. We are running multiple parallel strategies in pursuit of capital raising, including raising the required funding in three tranches, two tranches and all at once. We have put together a comprehensive strategic plan that is being shared with a variety of lenders including royalty financing, project finance and private equity firms, as well as, potential well capitalized mining companies. We are even using crowd funding social media. I assure you, we are leaving no stone unturned.
Barbara has meetings scheduled this week with five of her long term clients from Canada, Mexico, Australia and the US to review the business plan. She has developed an extensive list of contacts in the past 30 years in the mining industry, and is going thru her list of contacts for potential investors in the project.
Management continues to be very cost conscience.
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