Comment by IgnacioCashmereon Jun 30, 2024 2:20pm
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Post# 36112712
RE:Cheap shares
RE:Cheap shares This is how juniors move their project forward, share dilution. If you have a better way to raise money please share it so we can do it the new way. The next step is to drill until they have enough new data to create a Mineral Resource Estimate. That costs multi millions. At the same time, they will need to perform remote sensing on the rest of their property to see if there is any resource beneath the large surface over burden. Juniors raise money at the prevailing share price. Today's price is much higher than it was a few months ago. Dilution dilution & more dilution is how projects move forward. If you dont like that method stay away from junior mining or teach us a better way to raise money.