Vizsla Silver Corp T.VZLA

Re Financing

[Jetboy1]

A large share float is the Kiss of death for companies ,sure Vizsla has some money now but it will be gone in short order then they will have to go in again.To open a mine is huge doe.If you look at mag silver they habvve huge Grades over longer strikes and a low share float Yes they did add lately but still low compared to most.
Hopfully they will get bought out,if not Vizsla will continue along this path and do more financing and the share float will be huge and holders will drify away,Have a look a WM they are history way to many shares out.
I hope i am wrong but I dont think so.
JB

[Jetboy1]

Sorry about the spelling Mistakes Spell check  forgot to proof read it. Cheers  JB

[altitude90]

I will wait for the resource estimate, then I will be able to make a decent comment.

[Teccing]

Nobody likes delusion, but if the can keep getting impressive drill results, and only a market cap of 233 million well I'm in. Added at$1.42

[Oilminerdeluxe]

This is one of the projects out there for heaven's sake. They have a billionaire supporting them with funds and contacts, they have maginficent team and workforce available. They will go in production, if not taken out out, with very little shares outstanding compared to most companies. They now have massive amounts of cash to spend on drilling what will become one of the biggest silver mines

[altitude90]

Great post !!

[Teccing]

PM prices expected to rise over the next 2 years, sliver willed.

[Paray99]

For sure there will be more dilution on the way to finally deliver value to the shareholders.  I am not much worried about Vizla, since they have decent resources.

[Teccing]

They should have raised whe interest rate increases were first announced. But it's a gift on sale until funding is closed