Another Round of Financing
They will need to build up the coffer very shortly. My uneducated guess is another PP for around $2mill - $4mill range in the coming months.
Yes this is my worst investment EVER. But every dog has it's day and it may eventually hit $1.00 in the next 24 - 48 months. Do i sound depressing? Hell yeah. the management and the insiders has done a great job, turning this into a "Dog's Breakfast".
I don't expect any updates for REE and better yet any silver forward financing. Sorry, there maybe a sliver of chance we may have news on 1 or 2 step outs and infill drilling.
Best thing to do is to do nothing at this point and just let it ride until Gold picks up again during it's seasonal uptrend. God, where is my inflation? Oh yeah, it's coming soon, maybe sooner than you think. Good luck and God Bless.....