RE:$1.25-$1.50 on a raise ( thoughts ) Pretty hard to raise money at $1.25 when the high is $1.00. Nonetheless, this correction on my TA looks like it will be fairly substantial. Crude Oil likely goes back to $74-$77 and some are out there saying Copper made a Double Top.
Before I get dogpiled... this is a CORECTION!!! NOT a CRASH!!! Corrections are healthy :)
TORQ will definitely hold up better than most Resource Stocks as it is an excellent story. The question is, can they wait to raise money? Or do they pin it now with lots of demand? Institutional Shareholders need to come into this stock and they just aren't the type of people who 'pay up'. If it is Insiders and their pals then here comes the 'friendly' priced deal.
Sincerely, straight equity at current prices for a modest amount to carry them through Tax Loss Selling, this pending correction, Christmas, and money to drill aggressively would be a win/ win for everybody.
J 103 I know you want to be a Moon Boy but that comes after the discovery!!! All good, these are excellent stocks and 2022 IS "the year of the explorer" as Rick Rule said!!! GLTA