RE:No intention to be a producerWhether Abcourt will be acquired sometime in the future is difficult to predict. But if the intention to become a producer of gold again is not true, you must document it better if it is to have credibility and not be interpreted as an expression of frustration.
All the low-cost private placements could, for example, also mean that they are trying to limit dilution in the belief that a better financing opportunity may emerge, or to keep the wheels turning until production is large enough to finance the exploration.
My opinion