The CEO.CA Minnions are all getting excited...Look at the JV partners that Slam picked, nearly everyone with exception of PUMA is trading at a 52 week low, and probably need to raise cash to do any work....weak JV partners usually means nothing or little gets done and the claims are returned and the value of their shares is minimal.
PUMA, has cash, but they already have claims that have decent drill results.
Yes, the Minnions are all excited that Mikey and Co. raised a couple hundred thousand dollars, what does that amount too a few more holes....??? Ya keep diluting Mikey, you may get another 21 hole season in of small intercepts into Menneval. Another 5 or 10 years at that rate and you may get a decent hole, so far all I see is SXL, chasing their own tail....they are just as far from reading the Menneval ground as they were in 2013!
Good to see Mikey is trying to get the wheels rolling, but as I said, when you pick weak sister Cos. to go into battle with, the outcome is almost always a given...
Next raise here will be weak once again,(below 10 cents) IMO....they should have buried Menneval, however mgmt can't let go or come to terms with the outcome(s) to date....now they are forcing the matter, insisting the ground and they were right!
Do your DD on these guys!
PS moving SXL from my "52 week low list" to my "avoid list"