Margaret Lake Diamonds Inc V.DIA

Margaret Lake Diamonds Inc. is a Canada-based exploration stage company engaged in the acquisition and exploration of mineral resource properties located in Canada and the United States. The Company holds an 18.5-per-cent interest in the Diagras diamond project, Northwest Territories, property. The Diagras Property is located in the north-eastern part of the Lac de Gras kimberlite field, approximately 22 kilometers (km) north-north-east (NNE) of the Diavik diamond mine and 36 km east of the Ekati diamond mine in Northwest Territories (NWT), Canada.

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Margaret Lake Diamonds Inc

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Comment by ekimon Apr 18, 2018 12:33pm

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Post# 27905227

RE:RE:RE:NEWS! PP closed first tranche!

Nothing wrong with that. If they were increasing the finders fee (cash) I would be a bit worried.

If we are worried about completely a financing at 12 cents...we shouldn't be worried about more warrants if exercised at 20 cents would generate more cash at higher prices.

That would be a good problem to have at this point in time.

EKIM

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle