Lavras Gold Corp V.LGC

Results before Xmas?

[bobleplast]

They will end drilling program late November and hope to have results ready before year end.  With cash burn 700k /month they will have around $3 mill left then I guess.

[snowshoedb]

I found a notice of filing for a Shelf prospectus by Lavaras on Oct 11. It looks like they are going to try and raise $50 million. My understanding is that doesn't have to be raised all at once. But certainly it's an interesting filing because there are no warrants and no options. 

[bobleplast]

I hope they do a big pp and accelerate drilling at their properties. 10 to 20 drill rigs at many locations