Peanuts ok, but done at 50% above market with only a half warrant! Name me another junior raising money, hard cash, above market, especially from someone like SIDEX. This is another vote of confidence and a sign we are way oversold.
That huge bid by house 19 is still there at 6.5 and no one dumping into it. I think it is just a matter of time before they move their bid to 7 or that someone else comes and takes out those cheap shares. 6 days of tax selling left...
Confirmed with the company that the rail line is 1.5km away from the property. There was a proposal to turn it into a bike path but that was rejected and they are now refurbishing it for local businesses. We have all the ingredients we need except enough gold to justify the mining infrastructure. Fingers crossed for some more luck with the drill bit!
Glorieux