Post by
Donwaan on Jan 16, 2023 10:09pm
Another Gold Jr gets financing
Providence could be the next in line: Kalo Gold : Private Placement Number of shares: 40 million shares Purchase price: five cents per share Number of placees: 14 placees Total pro group involvement: 200,000 (one placee) Finder's fee: $82,600 cash and 1,652,000 warrants
Comment by
givemeabreak1 on Jan 16, 2023 11:43pm
Don did you look at what Kalo was trading at when they took a .05 financing lol.
Comment by
Donwaan on Jan 17, 2023 10:10am
When Kalo announced the PP on Dec.14th it was trading at .045 cents
Comment by
givemeabreak1 on Jan 17, 2023 11:20am
But Don you are talking a real company with wholly owned properties with realtively successful drilling. You are not talking about a 100 plus year old mine property that you have earn in rights to 50% then have to pay another 5 million in cash for the rest. The whole sector is beatened down but some like this one would have be beaten down no matter what the sector is doing.