Manicougan Minerals Inc.

Speaking to Joseph they don't have debt and I guess you can say the dilution has already started with 203 million shares outstanding.

The company is fully capitalized and they'e sitting on good properties. The problem is at these levels it's hard to raise more capital without some proven drill results and when you drilling six holes you have to make sure you hit. Give Joe a $5 million budget and he will not dissapoint. But where do you get $5 million from ?

I was expecting some news from MAM before PDAC last week but no such luck. Joe is really busy these days so I could expect something really soon. You are correct $0.035 is extremely attractive. This could be a $0.12 stock in no time.