OTCQX:MEAUF - Post by User
Comment by
miner540on Aug 14, 2018 10:22am
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Post# 28456333
RE:More financing will be done. Will need to raise more funds.
RE:More financing will be done. Will need to raise more funds.Just curious from who you are hearing more financing is coming? The recent round of financing in June covered off the balance of the 2018 drill program. We are still waiting for the outstanding assays which are due out by the end of August.
My understanding was the outstanding assays, plus balance of the 2018 drill program will drive the NI 43-101. Management has indicated the 43-101 will be out before year end. The expectations are that a good resources update will help the share price and make a 2019 (if needed) financing easier.
However, we are all hoping that Ian and Gary will have the company sold off before 2019!