GREY:PGDIF - Post by User
Comment by
Kidlapikon Jul 20, 2017 1:55pm
105 Views
Post# 26491650
RE:RE:RE:RE:dancing queen
RE:RE:RE:RE:dancing queen
Honestly I had a lot more internal struggle during the last 0.10c financing then this one. There was so much unknown at the time and it was a massive 1:1 dilution. Now we have an amazing PEA, strong management buy in continues and a 1:3.3 rights offering to move CH-6 from 250m-500m. No brainer for me personally and I feel there is far less of a chance going sub a dime now then during the last financing due to: 1. The number of shares to be raised by retail is much smaller. 2. We have the excellent PEA results in hand now. Diamonds are a game of statistics. The first drills and bulk samples are graded on a massive curve towards uncertainty and our base case is already exceptional. The likely hood of this years program results falling in line with what is already known and improving on it is much higher now than the last years program which became the basis for the PEA. Sub a dime? I don't see how.