Thinking out loud.......Thats $100M in the last two weeks ( or close ), and they did this before the completion
of information to the market on Deep Discovery #1 at huge premium to the market...
I may have been the one that said they wont last, so I will take the hit, but understand this, it was bsed on a lunch in Vancouver, with one of the TOP 3 individuals at OSK!
The story changed, for them internal! Its only been this last month that they or JB has been public about not wanting to sell or even having the likes of KL take them over
( webinar in NYC a month ago ).
So, ith thye are going to put it into production they will need another $300- $400M from here, so either they dilute the heck out of us or do a creative financing with OR:NYSE, thye just did something similar with OM!
Now we wait for the NI 43 101, they must be on to 6M oz of Au, its a funny time to raise that amount of capital before all this potential news flow......
J 103 market does not know how to react .....interesting