Comment by
GoCopper on Jan 15, 2024 9:50am
New long here, question for the better informed: When Coffin talks about mother nature kicking you in the nuts and having enough dry powder, does Coffin mean an offering is imminent to support drilling in NV and beyond? I see $1.4m working capital, guessing that runs the business but not the drill. tia
Comment by
GoldInsect777 on Jan 15, 2024 12:31pm
This is what Eric said on the CEO(.CA) board the other day regarding their financial situation: "Mike's preference is to have a strategic investor but I have no idea what the odds are on that. I know some of you want VRR to just drill, but they would be running on fumes after a drill program. Not a smart move. The raise would not have to be huge, say $0.5-1.0 million.?
Comment by
GoCopper on Jan 15, 2024 2:31pm
Thank you for posting that, those are the dots I'm trying to connect