RE:Last placement in September Not sure why the dump today. I bought more at 4 cents but some got in at 3.5.
From recent Sedar:
At January 31, 2023, the Company had a working capital balance of $329,220 (October 31, 2022 - $341,474).
They need to spend just $100,000 on Redhill by Novermber this year to retain ownership so they don't need to do a placement this year in this rotten junior environment, and the last drilling was successful in pointing towards a larger deposit.
They have cash and I think gold will get and stay above $2500, copper is rising, they just did a share consolidation recently, and drilled what I think was a successful surprise hole last year that will lead to a follow up program this year at Redhill.