Thats definitely the reason why share price keeps at such a low level. Raising 2 Mio at .15 Cad would bring another 20 Mio shares. Big dilution, isn't it?

I hope they do some financing just like Probe Mines or Noront. Selling a non core asset would be the best way to do a financing at that terrible share price level. And guess what, they could almost sell every asset cause there is actually no core asset. We need to start asset consolidation and focus on one or two core assets.

Compare Probe Mines and FNC management and you know the meaning of creating shareholder value.

Paschi