Post by
prouditalian on May 21, 2020 7:33pm
took small postion
nothing major as oe wold have to be a serious gamler to put lots into this.
What I like:
Good land package, already some decent drill results, Sprott a shareholder, small float and over 2 mil cash in bank.
Its in Quebec so good jurisdiction. Warrants and options are at or above this price and not that many. Also not a huge amount of shares issued. Small mcap.
They should have drill results out shortly.
Comment by
spexstox15 on May 22, 2020 3:43pm
Where did you read the Sprott position - cannot find? Thanks
Comment by
billk2 on May 23, 2020 9:47am
From a news release dated June 2019 As a result of the warrant expiry, Mr. Sprott now beneficially owns and controls 4.85 million common shares, representing approximately 4.4 per cent of the outstanding common shares on a non-diluted basis.