Argonaut raises 115 million probably to get those Prodigy ounces.they just bought... They could get us 40 million (20 million market cap and 20million debt payment) and still have plenty of money to play with on just this warrant excercise. How sad are we at 13 million market cap very angry and frustrated with management, Remember the days when chris would say he wouldn't even consider a takeover unless it was over 60 cents. What a joke this has turned out to be....Hopefully the castle gold guys we just hired will step up and their connection to argonaut can help us get out of this mess.
The only credit I will give chris and his directors is that they bought in to this most recent pp at .05 even though it seems no one else will. Some argue that it is an achievement that they are producing profitably...Consider the four month delay due to the pad blunder, SART screwup, and now they realize that their is no way they can possibly run two different mines. Glad they figured that out but still wondering if they can handle the copper at Jojoba.
If we consolodate to 25 cents a share will we be shorted down to oblivion...our market cap is already that of an microcap explorer how much lower can we go???
GLTA in 2013 we need it