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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by VOKBLVRon Nov 03, 2017 4:18am
352 Views
Post# 26898934

RE:RE:RE:Grassroots exploration results

RE:RE:RE:Grassroots exploration resultsThe $5 million was raised through  a flow through share offering . It does add a bit of dilution but allows the company to explore away from the producing side. I think this use of funds is relective of Quartermain's  penchant to keep on exploring as the drill bit is the best way to add value to an exploration company. The amount being spent is not really a large number and when Brucejack gets really humming there will be enough cash to reduce or eliminate the need to go outside for exploration dollars. 
Bullboard Posts