Re: Kick in the ass

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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NevilleD

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Re: Kick in the ass

in response to

Re: Kick in the ass

Dutchmen

posted on Feb 29, 2016 10:03AM

I believe there is plenty on the horizon. PDAC, drilling, budget, Wynne-Gravelle-Coutts announcements.

I will agree this financing does smell a tad. However, it does tell you that they wanted the money ASAP. We can't expect mgmt. to anticipate a rise in SP so they did the deal as needed. They want to drill these targets badly and quickly.