OTCPK:CPPMF - Post by User
Post by
Pat123on Nov 02, 2020 1:06pm
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Post# 31823433
Financing
FinancingI wonder if a financing in progress for the Eva project is stopping the stock price.
From press release:
In addition, the Eva Copper Project is being advanced and we are currently developing project financing options and evaluating potential project partners
Having already a relatively sizeable debt load, I'm thinking they are looking at the possibility to finance Eva project by issuing heavily discounted shares. This could be a really bad move to dilute shareholders at current price. Hoping I'm wrong