RE:RE:$1 Million Non-Brokered Private PlacementKylemcc10 wrote
Another 20 million added to the dilution dumpster fire
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Yes Richy will be happy as they keep getting more "Cheap money" so they can now produce more gold that they supposedly are producing but never make a news release on and keep piling up this gold bullion all over the place waiting for the higher gold prices that are sure to possibly come some day.
Its quite surprising that they keep getting someone to invest a million here and a million there in private placements especially since they have not had a news release about what is going on at the mill in over 4 months. It may be a good sign if they keep getting investors buying shares in pps as they would know a lot better than us small investors what is going on with the mill.
Of all the bush league junior miners i have followed and owned shares in over the years i have never seen one that is in the process of starting up a mill and does not make a news release in over 4 months regarding what is going on with the mill. Even today when they announced the private placement they could have also made some kind of a statement on what is happening at the mill.
These guys are big time promoters. If they had even a scrap of good news to announce they would be making a news release every day. How hard can it be to change a few conveyors on a 150 tonne per day mill?
I have seen many mickey mouse operators in the junior gold miners before but these guys are in a league of their own.
Hopefully their is some good news soon.