TSXV:FCO.H - Post by User
Comment by
Doozeron Feb 22, 2021 8:23am
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Post# 32624421
RE:Fabled Silver Gold Announces Exercise of Warrants for Procee
RE:Fabled Silver Gold Announces Exercise of Warrants for ProceeYou have to assume warrants will be exercised and I much prefer this happen now than a cap raise.
Warrants will be exercised before they expire because there's a mine and money to made here. I prefer this to happen now vs a cap raise + warrants later that would represent more significant dillution. IP surveys have revealed extensive additional anomalies, many of which are even more promising than what SM1 and 2 / structure show, and the amount of leaching upwards to surface levels is impressive. They need to drill all year. 4000m for blue sky is not nearly enough.
I see no issue with this.