RE:Financing of further exploration.............ggrellette wrote: in this environment will be extremely difficult for these guys and many others with high floats. 140 mil shares outstanding and an existing property coming to an end could mean share consolidation could be on the table this round or next round. I hope they may have enough money to drill this time around after the field expedition and then the airborn and ground surveys.
Why? Check out v-v-c, they have 550M outstanding!!! And they are are useless as GNG, no consolidation there.