a wildcat but not a panther

I have followed Wildcat Silver for about a year.It is an interesting venture.It is one of the largest orebodies in north America.So far it is undeveloped, although they have done some exploratory drilling to guage the grade and the extent of the orebody.Their price per share has been higher but it was lower recently as the price of silver fell to the $18 an ounce area.The future price
 is uncertain and almost limitless.
Wildcat is now or soon will be looking for cash to develop this huge orebody.They acquired a small gold company recently that had no property but did have some cash on it's balance sheet.This did help them develop a little bit but now they need to move to another plateau.They need more cash!They are coming to a crossroad.There are a number of  possibilities to raising the needed cash.They could follow the route that Sabina Gold and Silver took.They sold a part of their property for cash and royalties on whatever silver was produced.They had an escalating agreement.If production was beyond a certain level the royalty increased but the cash portion seemed to be fixed.Or they could easily have a farm-in agreement;this involves finding a larger partner to develop all or most of their property for cash and a minor or major share in the asset.A more traditional route would involve issuing convertible or non-convertible debentures on the value of the asset.Convertible debentures would be costly because the conversion would be to Wildcat shares which are a little low now until the price of silver goes back up(at least to $28 or$30 an ounce).This would dilute the price of Wildcat shares but non-convertible debentures would not have this problem.However the money must be rolled over or paid back.With low interest rates this is a viable option.
So either selling a part of their large asset and taking a minority or majority partner on the whole asset or coming up with a creative financing deal like Sabina came up with.I like this option and by the way Sabina Gold and Silver has a large orebody also.One way

or another soon Wildcat must do something to become more like Great Panther Silver which has producing mines.

A plan for the mediator

The mediator should invite the president of Aastra Technology to supper tonight or tomorrow night.Supper is on him as he owes him;in fact, we will pay for supper.Take him to the Oakville Holiday Inn as it is fine and it is functional.You tell him that you are prepared to get a court order to prevent Mitel from operating.Then you apply to the O.S.C. to get a trading injunction to stop Mitel from trading.You can tell Aastra and Mitel that you have permission to buy up to 2 million shares once Mitel has dropped more than $.50 per share(which it will).Or Mitel can sell his P.B.X. equipment at a slightly inflated price in return for all Aastra's Mitel shares and some cash.Once Mitel has returned to it's old price please return the capital.

improvements to Workathon

I see one of the visitors to Workathon is the AdSense Watchdog.This is a good thing because that is the way to improve my web page ranking and maybe to get Google AdSense.This is a desirable service.Google feels that I do not have enough visits to merit a higher page ranking.They are probably unaware that the library people are sending interference to my blogs before I can send them out .This way my page visits are showing up on library staff websites(my competitors,not my support ).So the number of page visits shown on my home page is in the hundreds not the thousands.However Google Analytics shows much more visits on my two web sites.At least I know that they seem to be monitoring my web pages.
On a separate issue Wordpress gives me a tweet button and a button for Facebook.That is very nice  of them.I am hoping to get a tweet button and a facebook button on Blogger.Wordpress surely seems more advanced in this one area at least.Google I hope will catch up here.