RE:RE:RE:RE:RE:first dilution I didn't like the deal Mack but as you say the Columbian money will take time and they have to push hard with IP, drilling and finishing chip sampling and all of this costs money. If 10 cent was the best they could get in the market then so be it. No use going over mistakes made in the past as most companies make some and what is important now is 2020 and how NRG executes their strategy in a new rising bull market in gold. Another benefit of the money raise is the addition of a strategic investor to the board and hopefully Colin Owens will have some interesting ideas to move the company forward.
In a post I made on 05/12/19 I mentioned how CCW were following up a high grade intercept from 2011 with modern technology and had taken on a younger "rock star" geologist Mark Haliday from Kirkland Gold to lead this campaign. At that time three weeks ago CCW were 42.5 cent and today they are 64 a 50% increase in three weeks. Using camera borehole technology they interpreted the direction of the high grade vein and did a number of successful wedge holes and are now drilling another hole into the vein. This shows what can be done by applying modern methods to explore previous high grade results. I know you mentioned that a subsequent RC drill attempt broke but this area of super high grade is still sitting there and needs to be explored using whatever modern techniques are available to do so. Perhaps Bob Carrington should do what CCW have done and head hunt one of the brightest young Geos in Nevada and put him in charge of this area of high grade. If we can include hits of 7 oz/t in our drill results with all the long intercepts from Good Hope and whatever turns up below 300 mts we will be over 50 cent very quickly. We need to spend these new funds wisely and getting in a new "rock star" Geo would be one of the first moves I think they should make.
My son has some funds to invest and soon between us we will have over 750,000 shares here. Looking forward to an exciting and prosperous 2020 at Pamlico for all long term shareholders.