Re: Shares O/S
in response to
by
posted on
Jan 28, 2019 06:58PM
Combining Classic Mineral Exploration with State of the Art Technology
There are a lot of possibilities to be imagined at this point. Let me call up one I've posted here before. That is, a prospective partner comes to the table offering a cash infusion in addition to paying for drilling. That would be somewhat of a rare event in this business, but it does happen. I can even see a cash infusion as being subject to results from early drilling.
If such were to happen, it would not only cover operating costs for a while, but it could provide funds for some level of work on another target. That would drive the share price even higher, making the finding of investors that much easier.
This is a best-case scenario, of course. The worst case is, nothing happens.
VP in sunny AZ (where we are getting ready for the Phoenix Open)