RE:low cash....no cash
You think they spent 1.2 million to try 3 holes and complete 1... think again
and yes dilution will come. Look at NXE which I wouldn't touch with a 450 metre pole
which is where their mineralization begins north east of PLS.. they have 150 million shares out
We have a good shot at finding something long before we have that many shares out.
If they hit early UNO will never have that many shares as they can finance at levels
10x higher than today's price
It was a gamble don't be surprised if the house wins the first hand or two
Lev