Arctic Star Exploration Corp V.ADD

Financing

[med]

Well a financing at $.07 tells you they don't think there's anything in the core. If they thought they had something why not wait a few more weeks and do a large financing at much higher prices. Vacation money for Pat and Buddy.

[Bigoil2113]

They do think there is somthing in the core. That is why they are raising money. We will be drilling Arbutus this summer/fall. Need the money in place to start planning and mobilizing equipment. They want to move fast 

[raybay_98]

Couldn't agree more.  Cann't be trusted and that is the death keel for this play IMO!

[_Highlander_]

use your heads boys, this was a deal brokered, this is from ceo.ca guaranteed it happened at PDAC when someone saw the core. It was likely a spontaneous thing after somebody made a proposition at PDAC. Mgmt is not that stupid to "forget" about how much lab work costs. The NR clearly states the PP is for more exploration, not to pay for lab results. Next thing you know, the naysayers will

[_Highlander_]

this is a good thing, of course they want in, because they have something big in that core. the PP is probably filled and likely by a small group. Managemet didn't need the money just at this moment, someone offered up the million but only if they could get in on the spring pp. Glta