RE: the bad news isIn the short term, let them run it like its private. Promotion costs money. I want the pot at the end of the rainbow, not a day trade between 40 and 50 cents.
With good drill results, the float is tight enough here that we could see a meaningful rise in share price. The wildcard is Boulevard IMO. Its the area that's garnering the attention. A hit there could change the game for SQI. Right now, we have created a bit of a valuation floor with Capoose and our 25% of Davidson that hopefully will creep higher with this year's drilling. The blue sky is our White Gold exposure which they have commenced drilling on.
Assuming Guy's info on cash reserves is right, we shouldn't wake up one morning at current prices to a 7 million dollar equity raise. They will have to do it eventually, so here's to $1 by fall so they can get it done with 7 million shares vs 15 million.
Zad