RE:Quarter Figuers and another CR comingHe has to raise $ again, which could be equity, the outstanding share count is already high, hurting this stock.
A good possibility he has to dilute further. What new, unexpected catalyst will rocket the share price past .60 toward $1 in the next 12 months? As new wells are added, new dilution is possibly added. It feels like this share price will be held back for a long time. I am taking most of my profits and investing in lithium plays with near-term catalysts like the release of 43-101s rumored buyouts and soon-to-begin production. Too much opportunity cost for me now with TCF to keep such a substantial position. I'll keep a few shares and 100,000 warrants just in case, but otherwise, take my gains and reinvesting.