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Re: reko01 post# 19475

Wednesday, 09/04/2019 10:01:29 PM

Wednesday, September 04, 2019 10:01:29 PM

Post# of 48953
I think acrl has a better chance of winning the lotto max right now. The amount of work and cost for exploration is enormous. There last financial report said they had next to no cash. they cant dilute shares to raise capital as there is no room in the AS and if they raise the AS the toxic note holders will eat up a big chunk of the new AS before acrl can raise funds with a AS increase.
As well with acrl on the receiving end of lawsuits from toxic lenders they will have a nearly impossible time getting funding from anymore lenders.
There has been a lot of talk about the company drilling this summer and geologists on site and boots on the ground yet we have not seen a single legit PR saying what has been done on the sites. Every bit of information here has been all hear say, hype and flat out lies to try and push the share price.
Can they find funding to drill samples? Maybe. If they do will they get lucky and hit gold on their one or two drill samples? Possible but like I said they have a better chance of winning the lotto max..
just my opinion of course.