RE:RE:RE:RE:RE:RE:RE:RE:Holdersstkinvestor75 wrote: Of course, I meant 100 meter drill of a 2km drilling program, not a 2km drill.
Does aybody know approx cost per 100meter drill in DRC?
Roughly 800,000 grand give or take , they have spent that money in drilling ...
i dont know why you have you head in your ars, this company is insider trading .
how they funded the pit deal .... they blew all the cash from Chinese investors and kept shareholders in dark with not releasing assau results. Clearly insider trading man!!!
In order to finance the contemplated acquisition described hereinabove, TTX is pleased to announce that is has completed a private placement of an amount of US$2,450,000 by the issuance of unsecured convertible subordinated debentures due 2019 bearing interest of 12% and convertible into common shares of the Company at the maturity date, being one year from the date of issuance (the “Convertible Debentures”). In addition, each holder of Convertible Debentures, received 50% of the principal amount of their respective Convertible Debentures issued in warrants of the Company (the “Warrants”), each Warrant entitling its holder to acquire one common share in the share capital of the Company at a price of CAD$0.13 per common share for a period of 12 months from the date of issuance
they even had CO to give them another million in debentures .....
they did debentures @ 0.05 years back that’s why it’s this price now.... ppl taking cash of the table with out taking much loss because they know how bad this scene is ...
these people should be in jail .....
i don’t know why you think they didn’t drill with the 2.5 million they had from Chinese investors ...........
They will keep screwing holders , bcsc and cse need step in here.