Post by
PeterThomas on Aug 26, 2023 1:45pm
When and if when the PP closes
most of the $5M will be used to pay management, not for drilling or development. High risk and expensive, better to use for compensation. Typical scam operation.
Comment by
marpincan on Aug 28, 2023 12:17pm
Yup! They have raised 5 million and so far announced didly due squat for an exploration program! They have lots of land with potential but without a good drilling program, all it amounts to is moose pasture!!!! Down to 5 cents a share on a pre consolidation basis. The consolidation was a sad joke that was not needed and only furthered the tanking of the stock.
Comment by
PeterThomas on Aug 28, 2023 3:23pm
Actually they have not closed the $5M PP yet. Still must be rounding up the dishonest bankster types. They said it will come in tranches. They are dealing from weakness because everyone knows their M.O. It is a scamer.