"“Our recent financing will allow us to continue to be opportunistic regarding acquiring strategic land positions in the Ring of Fire”.

Are they referring to continued staking or could this indicate more JV's or possible merger with/or takeover of other juniors in the ring of fire"

It's my thinking that NOT has money for drilling and more staking but not a lot for acquisition or takeover though it's not impossible depending on the price. It wouldn't do to acquire land and run out of funds to drill it. Wouldn't be much point, unless they had some help in the wings that wanted such a move.