I'll be selling most of my positionWhen this is over 2 bucks.
Until then, they can't afford to idle and wait, they had to do a JV or PP to get the PEA done. A PEA is going to run about a million or so.
So lots of drama and lots of coulda shoulda's over the next few months. Going to put this board in the rear-view for the summer and get back to it when the summer drill results are in.
I've got around 4 million shares idling, I may put in a sale position at 2 bucks just to take them out of the shorters hands.
All in all, this was just a business decision to get things moving forward.
And I take back being mad earlier that I wasn't asked to be part of the PP. I had assumed this was put out to multiple people though it is also likely they worked this out with a single investor and agreed to terms, which at 9 cents and 11 cents ain't too bad from where we sit today.
And I'm still up (slightly) from where I bought so I'm not too bothered, I just wanted the option to buy more with the warrants.
Have a great spring and summer all. I'm going to vacation somewhere nice with the family for the summer and let what happens happen.
Still feel we are in good hands overall.
BR