RE:RE:RE:RE:Now For A Different Point Of View!Private placement without dilution? They have 260,000,000 shares out already, so dilution is not, nor has it ever been, a concern of this company. The RS is coming, regardless of any spin out. More dilution is also coming, next time Frank raises money at $0.05.
That facility is not an "old mill". It was never any kind of "mill", and still is not. It is at best, a bulk sample capacity processor. But milling? Nope.
Yes, increasing reserves is usually a good thing, sadly, there seems to be no value built into this company for theirs. On further costs will add to it, and those will affect points one and two above.
Mining near surface silver? Um...where? B ut I thought Frank was also pimping the Castle as a potential gold deposit??? At surface? Most deposits require continuity at depth. Some camps, like Shinning Tree, are near surface mineralization finds but fall apart when grading mineralization at depth. Can you tell the difference here?
Using AI can be a good idea. It does not come without it's own challanges tho, it is not fool proof, and often yields little on results; but the spend, and possible cheque swap is intriguing, when stacked against the costs. Jury still out on that for me, especially when Frank is running the show.
A dividend payment is a great idea. A dividend payment will NEVER come from this company, I point you in the direction of the major indicator as to why not; shre ownership of management. It's just not there, and so...neither will be ANy dividend. Practically speaking, IF that boat was to flaot, it is 10-15 years away in the future. But it ain't happening, particulalrly if they spin out property with resources; who would buy anything other? But they will not get back what they have put out. Franks has milked ALL his pubcos and diluted the faulk out of all of them too, cause he doesn't care about structure; just getting paid.
Keep holding your breath for these guys, and maybe, just maybe, after the head rush passes, you'll pass out. That will be your high. The low could be right here...or lower.
Anywho, looks like Frank is running out of tricks in his trade. And the amount of stock "hanging" out there at sub $0.10/share levels, is massive. The ceiling is in. The floor is being set. The market exists somewhere in the middle.
And your guess is as good as anyones. Good luck.