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INOMIN MINES INC V.MINE

Inomin Mines Inc. is focused on the identification, acquisition, and exploration of mineral properties with the potential to host significant resources, especially critical minerals, as well as gold and silver projects. The Company owns a 100% interest in the 7,528-hectare Beaver magnesium-nickel property located in British Columbia, Canada. The Beaver property is situated in south-central British Columbia, 15 kilometers east of the Gibraltar mine. It also owns a 100% interest in the 13,610-hectare Lynx Nickel property located in British Columbia, Canada. Its La Gitana property is an advanced gold-silver project, located in Oaxaca State, Mexico, approximately 100 kilometers East of Oaxaca City, Mexico. The Company also owns a 100% interest in the Pena Blanca gold-silver property located in Mexico. The Company holds a 1% net smelter royalty (NSR) on the King’s Point gold-base metals project located within the prolific Catcher’s Pond Belt in the Green Bay area of Newfoundland.


TSXV:MINE - Post by User

Comment by SunsetGrillon Apr 12, 2022 6:06pm
60 Views
Post# 34598472

RE:RE:RE:RE:Sunset???

RE:RE:RE:RE:Sunset???I am well aware of  the reasoning for PP by exploration companies listed on the Wild Wild West Exchange (aka the Venture) where no real rules exist. Are you saying there will not be a PP in a week or two at a price lower that current? That would imply they have money in the bank to easiler fund the next drilling campaign. Also, if they have cash in the bank it would also imply the company has ethics (which i doubt). There is no way they see a stock pop like this and not take advantage of it. WHY?? because what if the next set of drill results miss the target - down she goes never to get funding again. They WILL strike while the iron (sorry 0.13% Ni) is hot. So this funding will dilute shareholds by a very large percentage due to the CURRENT low float. 

If it every becomes a mine (which it wont) by the time production begins there could wellbe 500,000,000 to 1 billion shares (if no consolidation occurs). Good luck with that - Not me.

Goldy63 wrote: Sunset. All companies do PP,S to gain funds to drill more holes. That's normal and par for the course. Now V.MINE has a beauty tight float so dilution is not an issue . Down the road maybe but hitting more big holes will have next PP at a much higher SP so much less dilution . So all good flip away and hey profits are profits yup. As for not holding overnight your money your call . Lets hope we get a halt and a big name of a JV big fish. Then your strategy goes right out the window as your stuck on the bid while the pre day bids and asks surge on huge news. So yup my money , my call but I prefer to have skin in the game . To each his own trading style. Gl with your investments . Cheers. Long V.MINE


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