Post by
GarryJan1 on Feb 05, 2021 6:17pm
What I cannot understand is if we need a pilot
plant why have they not done a PP for the $6 or 7 million it takes to build it ? We have been at $2 50 and all the way back down without getting financed. Even if they had done 5 million shares at $1 50 they would have had $7.5 million and started the ball rolling. A decent brokerage firm would have not only financed but would be guarenteed to support the stock on dips like these and you can bet there have been many offers for financing.
I don't see any ND stopping them.
Maybe they are waiting on it hitting a dollar again Lol
Comment by
Snakeyes77 on Feb 06, 2021 12:02pm
Totally agree! We will be the last to know. With the last 10 trading days it will make all investors nervous! However! We won't know how this plays out in the end. It's right beside one of the biggest players with infrastructure being built just passed their deposit. I've never been in a buyout scenario. This does look like the case of one.