Does anyone know if the TSX.v already approved the loan? The original press release said they had to approve it. Just wondering if the money is now available for the assay work to be released and wonder if Snowden was working without being paid? I would imagine that most Companies are not anxious to extend credit to a Company when under a CTO. I do not see any way this CTO will be lifted in 2012, I hope I am wrong. They have other major issues besides the non compliant report.
"Upon the Company receiving TSX Venture Exchange approval of the Loan, the Company estimates that it will require one to two months to prepare and file the Report and to deal with the technical disclosure issues to subsequently obtain a full revocation of the CTO."