RE:RE:RE:RE:So when is the next financing? As no drills are turning
The private placement will close at the end of the month. I did not participate in the PP or have accumulated any more shares. The financing required in the future to get a decent resource estimate and then work towards a PEA will continue to add to devalue current shareholders holdings. Do not see the gold market improving untl late 2015/2016 and hence little upside in this stock until at least then.
I will continue to research other junior resource mining companies close to a PEA or with a producing mine and buy into them possibly later this year or next. Their management will have to have a track record of respecting shareholders value (unlike the SA/EAG Muppet show).