Post by
Copper3 on Mar 01, 2021 7:35pm
2017 financing at $1
Just did a quick search they did a raise of 22 million cdn at 1$ in December 2017. 4 years later we did a raise at .95cents with warrants. imo this doesn't sit right with me. Any one care to elaborate on this? Are they actually having serious issues and favorable financing is not an option? Or is there another reason for this? Would love to discuss.
Comment by
metalhead666 on Mar 01, 2021 8:43pm
Find out why half the wells are having "issues" and you'll have your answer. The fact that they won't discuss this speaks volumes
Comment by
ArizonaBilly on Mar 02, 2021 10:33am
Show me a junior that's actually developing a mine that hasn't gone to the money well several times.
Comment by
Copper3 on Mar 02, 2021 11:09am
Yes I totally understand. Management has done a great job over the years but the share price literally seems "stuck". So much has advanced with this project yet shareholder value has not.
Comment by
Copper3 on Mar 02, 2021 11:31am
I think the point when we hit our 25m by year end and issues worked out is the actual milestone that will bring our share price up. If it doesn't happen at that point and the market is as strong as it is now I will be very confused.
Comment by
Tartam on Mar 02, 2021 12:53pm
Hi AB, this is not directly related to financing. You and PG seem to be closer to what is going on at minesite than most. Do you know: 1 are they still producing copper? 2. when an update, if any, is coming? 3 Why managemt is so reluctant to impart any information via a PS? 4. Is a takeover imminent? If you can answer all or some it would be much appreciated. Thanks
Comment by
Coppergirl on Mar 02, 2021 1:18pm
The stock is a total flop Raging copper market and it labour's and labour's i still own some stock and its my worst by far