Thursday, June 12, 2014 11:00:01 PM
I believe they need $3M to fully fund the drilling program and prove up targets. Which will seem like a drop in the bucket if the targets are as good as they are expected to be.
There is also a possibility the may get a JV or some kind of equity financing and the RS wont be necessary. In the current landscape of Uranium juniors they need to keep all their options open.
I am holding as I see lots of potential upside here at the current PPS. I do have a stink bid in below .02 if it gets down there, but I doubt it will.
GLTA
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM