Lion Copper & Gold Corp. (LCGMF)

[joe_techi]

seems like they lost their funding, what is the plan forward here?

The Company has been dependent on funding from Freeport Nevada and sale proceeds of its non-core assets in the last few years. With the option agreement with Freeport Nevada now terminated, the Company will have to raise funds by the issuance of its common shares or entering partnering or joint venture arrangements. As at November 9, 2017, the Company has cash on hand of approximately $1.9 million

On September 13, 2017, the Company announced that Freeport Nevada had terminated its option to acquire an interest in the Company’s Yerington Copper Project. From June 2014 to September 2017, Freeport Nevada
had provided $14.54 million in funds to Quaterra subsidiary SPS in terms of the agreement. SPS used the funds for exploration including drilling, geophysical surveys, geologic mapping as well as land, water and minerals
rights maintenance, compliance with environmental law and general administrative expenditures.

and they have money due (selling stock to pay it seems)

Following the termination of the Freeport Nevada option agreement, the 0.5 million loan will be due by March 10, 2018, and with interest will amount to approximately $0.58 million.

Anybody know what the business plan is other than drilling a couple holes here and there?

https://www.quaterra.com/wp-content/uploads/2017_q3_mda.pdf