On the subject of high interest fees.....I find that 1 and 1.5% is not so exorbitant since CNC generates Zero revenue at this point and the banks won/t take the rented drill rigs as collateral. lol
Who lends 10 million dollar to an exploration company at Prime rates? Certainly not at this stage of the game.
Only investors like us throw money at these start ups for free.. Right now I would gladly take 1.5% returns going back 12 months if I could. LOL
Still buying here but getting a bit tired of chasing it down. We need a catalyst anytime soon!
GLTA