EXPM:HRTFF - Post by User
Comment by
jdn55on Dec 12, 2017 12:55pm
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Post# 27139264
RE:OK Bid/Ask down to 52 cents and orders disappearing - ???
RE:OK Bid/Ask down to 52 cents and orders disappearing - ???I've been a HRT shareholder for several months but first time posting on this board.
Annette, if this is an equity financing it will be dilutive which can be considered a negative. If there is one thing I personally don't like about HRT it's the fact is already has approx. 500MM shares outstanding. If it's a financing done above the current market price that would be more positive. If it's some type of debt or convertible debt financing thats potentially more positive but depends on terms. I'm not sure HRT is far enough along the development curve to pull off a debt financing as they don't have the updated 43-101 yet. Maybe could be another strategic partner coming in. Lot's of potential scenarios. Have to wait and see what's in the news release.
Personally I was hoping they drilled a bonanza hole in one of the outer zones. GLTA