TSXV:AAA.P - Post by User
Post by
The_Hawkon Dec 02, 2013 6:29pm
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Post# 21961868
New Presentation
New PresentationIt is interesting that they did not update their cash position beyond July in their December presentation. They do state that they have enough cash to get to the next step though but I suspect they have tapered activities back a lot to ensure they have some staying power. It is hard to believe in this market that anyone is going to pay much more than their current price if they go to market with equity as they will never be able to raise what they need in the debt market. I think I will wait for the next injection to be priced and in the bank and buy at that time rather than take a chance now. I have already been burnt once by buying in before the financing is done on another stock.
GLTA