RE:RE:"fire power"unlimited_aw wrote: Friday silver went up 4-5% and in the last few hours of trading, when the ink of the agreement with Sprott was already dry, the share price moved up fast from 60 cents to 66 (similar as other silver stocks).
Entirely fair point. My concern about management going yet again to the market for capital at these level remains. Exploration is usually more like being a sniper than a machine gunner - a lot of patience, aim, and a single bullet can achieve more than a lots of indiscriminate "fire power", at much greater capital efficiency. Granted this is a large, low grade deposit so the scatter shot approach is a bit more warranted, but still this latest move approach seems needlessly dilutitive and aggressive when all this company really needs to succeed is silver up into the mid 20s and hopefully far beyond. Hope to be proven wrong on my disagreement with management on this, incidentally. GLTA.