Ramblings
Well a bit boring waiting for the drilling results. Lets see if we can make it a bit more interesting while we wait and stir up some comments. :) Now I think it's safe to assume most here agree that this is going to become a major mining district for which we hope we will be awarded. Where the difference of opinion comes in is in the execution of how we get there. Take this drilling program taking place right now. Are we really going to prove up a district with "one" drill turning? At this rate we won't get the results for the fourth hole until July 2020.
No what is happening here is a plan. "That person" awhile back came to a decision that he wanted a major aboard. "That person" was fearful of going it alone.
So the plan is that with let's say hole 1 and 2 showing great results a major will come on board. Lets say 20 million shares at 1.40. That would enable a much larger drill program and maybe - just maybe the next step of financing. Now if a major doesn't step forward then expect a PP sometime between hole 2 and 4 to enable an expanded drill program. Either way there's going to be dilution. It's NOT the route I would have taken but it is what it is.
Now I can now hear the Fanboys revving up - otherwise known as Fanboys Organization of Lion Society - or Fools for short. "That person" is playing 3d chess and there are unlimited choices he can make at a flick of his finger Fools will say.
So I won't have to make another post let me repent now. I have strayed and cast a criticizing eye on Lion. I too want to get into Fools heaven. So for the Fools out there I will try and tone it down but it's a "work in progress" and I can't just seem to " he's playing 3d chess" pass my lips yet. But maybe in the future. :)
**Investors should do due diligence and seek professional financial help before making an investment decision and certainly not based on an unknown bull board poster**