RE:RE:RE:Fosterville comparison to Moosehead
Despite some very good results Sokoman SP is just over 20 cents. If and likely when more good results come the share price will rise and raising money will not create as much dilution. Once a company is in the position NFG is in where the SP is well over $3, dilution is not a big problem nor raising money for 100,000 meter drill rpogram. I suspect Tim's plan is a 100,000 meter program AFTER the share price has risen to perhaps $.75 to a $1, based on some good results from the drill program they are on now. There is over $4 million in the bank so that's still lots of meters of drilling yet. Also I think results will come quicker than 1 to 2 months. Every drill hole is sent immediately to the lab. With two rigs and completion in a week or so per hole, a flow starts and I suspect the results will be much like NFG.