RE:RE:RE:GLTAYes the bottom should be in and we would all be smart to load up down here. I am, as whoever is funding this raise is going to move it higher IMO.
Yes Cormark report projected that large raise in Q4 but I think the poor markets have everything way off track. Even the mighty FILO took it on the chin and is just starting to recover. Our recovery starts in January, maybe lol
I look at this last raise this way, (not happy about the price but NO WARRANTS), that is a hard sell in todays environment I would say..
Sept MRE AUeq of x, shares outstanding y.
IMHO in Q2 revised resource estimate the MRE x factor will be up much more than our outstanding shares factor of y that is going up by 10% so we will in fact be worth more per share with our AUeq value due all the good infill drilling results that we are seeing. Just my opinion.
Q1 PEA is target. I think this will give a CDN value of 700-800million, with 235 million shares outstanding approx that is 3-4 dollars a share with nothing but upside to come on st. helena and other targets including Cabascal.
Goldman Sachs predicting Copper 11,000 tonne in 2023 and Glencore execs are saying the same..
Hole 205 parallel sisters drill results will be good maybe even stonking.
If those short angled drill holes above Cababcal main hit gold which I am betting they will lots of good news flow in Q1 to boost the share price with our new partners in at .35 hopefully assisting in that. Sprinkle some fairy dust from Espiago OCGG project and boom we are over 1.00 and those shares you bought here at .38 are money.. lol