Pampa Metals Corp C.PM

Cheap shares

[666999]

Why is company issuing cheap shares, drill results are great, are this new drill holes, or has been here drilled before, can someone explain please, 13M new shares, along warrants, what does mgmt thinks, with such drill results, share price should be at least 1.00 ???

[IgnacioCashmere]

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

[666999]

You did not answer question about drill holes, and why did not mgmt raised PP at higher share price, what I know about junior space is there is great management and there is mgmt that have jobs at company, diluttion is biggest fear for any company, and drilling is expensive, but I also know that junior sector is in toilet, these are real questions, there is no need to be angry, if you believe in