Post by
ScarletSpider on Nov 22, 2023 7:20pm
Well looks like things are being held to the vest
And the company continues to buy time to delay the loan repaynent they got one extra month. I dont know which partbers the company is referring funny it didnt seem like they were there for us the last raise or in light of the total share collapse so who is Axe talking about? Sure not Cenovus Suncor or Broadview or whoever the third is they all seemed to have disappeared doing their own things but thats cool. I like the idea to do a rights offering if some more money is needed i wouldnt hold my breath on a knight in shining armour riding a white horse to come to the rescue. Lets see what Axe unveils when the big moves happen. I still stand unmoved on what i said about the heat successfully commencing this year time will tell though.
Things have come to axe when it was in need they got some money to the tune of 3 million they managed to delay the loan and well they will also get the workover successfully done partner or not this year and i am having full confidence they will do it within the 3 million they have if not then with nominal additional dilution i still say if needs be 3.0 million by way of rights offering .15 40 million dilution including purchase warrants. I dont think they should be needing more money than this or it is becoming a money pit as far as i am concerned so lets see.
Comment by
Jme9999 on Nov 22, 2023 7:52pm
Hey Scarlett what make you think they'll start heating by the end of the year? I've been in this stock for 4 days now and plan on holding but I'll believe it when I see it. I think we're looking at next year for any upward movement in the share price. Patience, I guess.
Comment by
Jme9999 on Nov 22, 2023 8:12pm
Whoops 4 years not 4 days.