Re:Financing
Why is the mine always half empty with you people ?
The proceeds from the financing will be used for exploration and development.
There's no mention of restructuring gold loans.
The minesite has been visited by some hands on people that understand the business and
the potential for opportunities.
The time required to complete the private placement should speak volumes.
As mentioned before, short positions as a result of previous financings have been minimal.
Keep in mind, liquidity, great assets and a senior exchange listing are all prerequisites by many of the larger institutions.
The project is still in the early stages of development with unexpected overhead costs.
A definite contender going forward.
Sauli