Post by
templetooth2 on Aug 25, 2022 7:56pm
To repeat the question
Sorry, future drill results are meaningless unless Fort Knox suddenly gets moved 20 degrees northeast.
Does no one on this board care to GUESS the amount of the equity raise?
As I posited earlier, the range appears to be from $75 million to $260 million. Could drive a truck through that estimate range. Which is why it's so important to the stock price: at $1.60 per share, a modest discount to today's price, we're looking at at 47 million to 162 million additional shares on top of the current 270 million shares. So that's 17% - 60% further dilution.
Again, guesses??
Comment by
DaveinNL8 on Aug 26, 2022 9:56am
So we go from $3000 gold any day now to maybe the end of the year, as well as predictions for the past 10 months of share price soaring after Fed Environmental okay to 1 day after the decision it’s now “dead money”. I’m beginning to believe there’s a correlation between the opinions on this board and my grandchild’s diaper change. It’s forever changing it’s and full of sh*t.
Comment by
Angelique01 on Aug 26, 2022 6:30pm
Anybody that thinks they know what will happen is full of $hit.
Comment by
theCurse on Aug 26, 2022 10:30pm
Even worse are those who are *sure* they know what will happen. Not a lot of fun to have a conversation with as they usually have *sure* opinion on any topic. tC