RE:I own some of this...has potential imhoyeah i am still holding some shares from back in Dec. 2020 ! So's its been underwater for a long time for me !
But.. this news today about the ovesubscribed equity financing should result in some higher prices in the not too distant future imo.
As much as i hated to see this much dilution to a stock that has to do financing at this level it is obvious that without money they can't do anything and they are pretty much at the mercy of the lenders.
Would have liked to see them do just enough of a financing to get the PEA updated and perhaps then be able to do another at even .07 because that would have been near 40% less dilution.
However they chose to do it all at 0.05 and nearly 35mm shares so that really bites.
However i think it helps a bit that the warrants are priced at 0.10.
Anyways they have some good plans with this money and i look foreward to the drilling program on Wind Mountain where they are still trying to track down that feeder system that they are sure exists below the surface outcrops and former deposits.
Pretty sure this is going to head back up pretty soon finally, and it will be nice to see them actually doing something again now that they can afford it !
glta
gs2