OTCPK:MMVVF - Post by User
Comment by
CaptainMon Aug 25, 2018 9:22am
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Post# 28516686
RE:There won’t be good results.
RE:There won’t be good results. Some facts:
Company has enough money to finish the existing 12-hole drill program. They also have additional funds (raised through options/warrants expirations / etc... ) to begin a new round of drilling.
Plus, there are additional options/warrants expiring in January that if exercised by the holders (stock will need to trade higher than now) will raise additional few million dollars in funds.
Plus, if the stock begins moving up with the general PreciousbMetals market, they may try to raise more money. Talk of luck of funding and bankruptcy is a little premature at this point in time in my opinion.
As mentioned in earlier posts, these are geology holes and with the team/expertise/tools/data that they have, I expect them to find the discovery hole much earlier then would have been possible in the past.
My belief is it would be very odd (a 'natural anomaly' if you will) for gold not to be present in the Rocheford district that they have staked.