Post by
fiveirongolfers on May 05, 2021 11:20am
No hope for buyout?
Curious? Does this nevada focus mean the board is looking to farmout a working interest in Rackla to a major rather than the more preferred company buyout?
Comment by
Gillie88 on May 05, 2021 11:51am
From my understanding of the companies plan, they would prefer to enter into a partnership in the near future with a major and have then finance the remainder of the drill program. Having a major on board would be very beneficial in getting this project moving. I think with Nevada they are just starting to look at the next project once they have either partnered on or sold the rackla claim.
Comment by
Matteo1234 on May 06, 2021 3:27am
Howe do you go from a PP @ $ 6.50 and the talk of the town. To .86 cents with no interest and Fipke the only buyer ( guess thats where he got his nickname Bulldog ). Why don't they find a promoter give him some shares and mkt this thing.( like Haywood and RECO). But Fipke is a stubborn ole mule. He'll squeeze the majors.