RE:RE:1.10 Billion Shares out Ha Ha Hi d26 viking,
Thanks for being a fresh voice on the BB with some good questions/comments really trying to assess WM.
From discussion with corporate, they plan to continue their recent pattern of news releases on drill results when they have a relatively complete set of results, not more frequent drips and drabs of a few holes as previously, unless they hit a monster hole, in which case that would be announced promptly on its own. Doesn't answer your question directly, but bottom line is less frequent but more comprehensive drill result reports. They do expect updated resource estimate very soon, and as I recall updated PEA by the end of March, hopefully end of February, because they will be at the BMO mineral resource meeting (I believe end of February) and would like that data to present to attendees, which will be mostly institutional investor types etc., so that data is upcoming rather soon.
We have a new full time Investor Relations person as of September 2024. I spoke with her and encourage you to do the same. If she is correct, I hope to see more aggressive marketing of the company. I would encourage you to reach out to her by email/phone and see for yourself.
Also very encouraged with discussion with their head geo/drilling consultant Mark Peterson in conversation. You can feel his experience when you talk with him, and I think he's a straight shooter. dyod.
RE additional capital raises, they were able to do the last raise (December 2024) really from within, which I think is very encouraging. POG, results of updated MRE and PEA, and everyone's response to hopefully augmented marketing of the company could all help share price, all of which will impact ability to do the next raise. We are obviously beyond dirt cheap, and it has been extremely discouraging, but with the POG, with good upcoming news and marketing, fortunes can change fast. Those are my thoughts and frankly hopes.
PS am also encouraged board # has been trimmed and that our CEO is Tony Makuch. Very impressed when I have spoken with him. Don't see why someone of his achievement would continue to have his name as chair of board/CEO unless there was something here.
Thanks for your interest and please keep your thoughts coming.-tndl