taa daa taa daaaa come to the rescueAll this talk about b2gold (BTO) coming to the rescue on this one is just a hype and a toot toot of a train whistle. This one in my opinion is just dreaming of a gold mine,,,,,wont happen and if so it is just to go through the motions of the piston namely the due dilengence of getting the PP money in to spend on something that is not economic. Afterall the money that goes up in smoke has to spent on the engine works. So all posters "go figure"
I warned everyone about the diluation factor and you find this one will not be able to get in all the proposed financing and the key is to watch if fully subscribed and if not, a derailment ahead if not the train is held up by a bunch of bandits that rob the train safe in the baggage car. Also if fully subscribed, check to see how long it takes to fill it. A one point seven million financing does not produce a mine it is only a token towards mine development and hardly is a "drop in the bucket"
they will need a 100million share issue to even come close to the start of development, and I suspect after this latest announcement of financing and once the money goes up in smoke that this one will consolidate a 10 fold and leave everyone behind with further tracks ahead.
target is 8 cents and counting this one running out timber to fuel its engine.
On Target everytime with a Bullseye (!)