RE:A dilution of goals? I never believed that they would build a mine. Like - no money.
I thought they would make all the necessary permits so that a large producer could build a mine.
It would be quite good if there were good results from the last drillings now.
They can't do much with the 9 million now.
They won't get new money cheaply.
Issuing new shares at 0.05 doesn't make sense.
If they need 10 million in capital for new drilling like last year they then have to issue 200 million new shares.
So we're still hoping for good results, that they get the pending permits and that they find someone to take over Goldboro.
Gold is currently over $2,000. But gold stocks are poison for investors.