Boy, wouldn't it be nice to come out of Beaver Creek......with an institution that wants to cross trade Waterton's shares. That would both bring in an institution and lift the retail overhang, without dillution.
Maybe NUG tells a broker that if they can move Waterton in a block, they will get the next deal. Maybe they tell that broker when they sense a newsletter mention or interview is coming. Maybe.
Without an overhang at retail, the stock price could rise quickly.
Then at least a financing could be at higher levels.
That is the dilemma. I understand the desire for a financing
Or, How about if they are gonna do a financing they get 1/4th to 1/3rd of the shares through a broker at retail. That way they could issue shares to put cash in the treasury for 2018 drilling, yet address the overhang and maybe get the price up.
We aren't the only ones who stand to benefit from less dillution. There's the company, Oceana, Barrick, Tocqueville, etal. Now there's also those with new incentive stock options.