RE:RE:RE:RE:RE:RE:Otso Gold Completes $200,000 Equity FinancingIt is unfortunate though that OTSO has to finance at 5 cents still, with mining supposed to start up in about 6 months. And a FULL warrant at only 7 cents. Some miners are able to do half warrant or no warrant financings now.
If this is a 100,000 gold oz producer in less than a year, where is the fanfare? where are the investors wanting in on this cheap play? surely this is a point that can't be missed. why is it so hard to do a financing in this piecemeal kind of way? Why isn't there an Eric Sprott willing to step in and finance this soon to be gold producer in a safe jurisdiction?
the rise in gold price this year has done nothing to attract any serious attention to OTSO, which has to be concerning. is it that much of a well kept, under the radar story?
At this point I hold my shares but it won't surprise me if this becomes a success or a dud. really seems like it could go either way. If they pull it together and get producing as planned it's an easy 20 bagger from here.