Post by
Newguy23 on May 12, 2013 10:43pm
financing
Appreciate the comments Eljoro. I think I have posted this before, but I think that the ONLY thing that will move this stock is that they can show they have financing. IF they do, I think there will be significant upside. Fundamentals have only improved. For a junior miner, I think they are in a better position than most. Unfortunately, if they cannot show that they have financing, I think it is hibernation mode for this stock - who do you think they can tap for financing... private equity?? senior producer?? It s a tough one. Would appreciate thoughts, but from an investor standpoint, nothing matters more than finding that money at this point.
Comment by
lhorns on May 15, 2013 12:36am
why don't they allow current shareholders to participate in a financing.maybe for every four shares you own you have the option of purchasing 1 share at .10 with a half warrant at .15
Comment by
Hawkdog on May 27, 2013 11:55am
thats because so many people got burned by pumpers during 09/10 when things went nuts, everyone and their dog started a company but very few had any property worth any value. once the chaos settles and all of the juniors with no property of value fall out and fold the remaining companies will be keepers.
Comment by
boomboom2 on May 30, 2013 1:41pm
Ask stating to thin a bit finally. Could be In the mid teens soon.