Post by
Oregonduck on Apr 17, 2023 11:05am
Use of Funds?
Chuck doesn't tell shareholders the amount of Flow-Through (FT) funds that will be used for drilling Rackla, and the Non Flow-through (NFT) funds that will be used for working capital. The financing is fairly small and there is a big working capital deficit leaving little for drilling.
It is uncommon to not delineate the Use of Funds in an underwriting. It is also customary that the stock will likely drop after financing,
Comment by
Stevesack on Apr 17, 2023 11:20am
Why do you care??? You don't own any stock!!!! No shareholder in their right mind would put a negative slant on every single post
Comment by
Massivesulfide on Apr 17, 2023 1:01pm
Waa waah waaaaaahhh! Someone get that man a pacifier!
Comment by
Oregonduck on Apr 17, 2023 1:26pm
Somebody asks why I am here, I just get my jollies playing with MassiveBS. It is fun.
Comment by
frankgorshin on Apr 17, 2023 12:33pm
Negativity in all his posts and on all boards he seems to follow. Just a nickel and dime penny shorter . Small man in a small house with a small appendage.