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[QUOTE]Originally posted by BCmouser: [QB] Copperstone Drilling Additional core drilling rigs have been mobilized to the Copperstone Project in Arizona. Bonanza currently has five drilling rigs on surface and underground at the Copperstone project as it advances the project towards a production decision in 2005 with over 40,000 meters of drilling currently planned for 2004. Warrants Exercised Bonanza is also pleased to report that it has received a further CDN$2 million in warrant exercises from the transferable share purchase warrants which expired and were de-listed from trading from the TSX Venture Exchange on June 10, 2004. Bonanza currently has 188,029,350 shares outstanding, no debt and CDN$14.5 million in cash. Bonanza's current cash balance will allow it to advance the Copperstone project and its current portfolio of prospective exploration projects located in Nevada and Arizona. Persoanlly I believe there is a lot of potential in BZA regardless of the O/S amount. Just look at some of the heavywiehts involved in this one- Goldcorp owns 10% or so, Ian Telfer is involved here and also John Embry. These guys dont make too many mistakes and if they are interested in BZA so amI. [/QB][/QUOTE]
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