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Re: Tradernick5 post# 6101

Sunday, 03/04/2018 4:56:49 AM

Sunday, March 04, 2018 4:56:49 AM

Post# of 19266
I have no idea. My comment that they are useless is because of the current value. I know it can change. The balance sheet will I guess be boosted by the strike price x warrants which I think has been estimated at $4.45, or there abouts. So you’ve got roughly $53m coming in from the sale of all the warrants. Not much when you consider the size of the project and definitely not a figure that Buffington is interested in.

You are right there are many things that don’t make sense here. I am just being pessimistic because it’s now 3 years and we are still showing a 100% loss. I don’t see anything changing at least until they release the feasibility study they allude to in their latest news release. You know the one where as previous shareholders we don’t get to see but their most magnificent and wonderful new major shareholders get to?

Anyway we can do nothing but wait.
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