Value Microcaps Junior Miners

[Fisher]

AUMN would be ripe for a short squeeze if gold breaks out. The issue is the open question of how will they raise the capital and how dilutive will it be

As previously reported, the Company would require external funding for most of the capital and mine development costs for the planned ramp-up to 850 tonnes per day and the anticipated subsequent expansion to 1,150 tonnes per day, which may include debt, equity, product, leasing or project financing transactions. There is uncertainty regarding whether the Company will be successful in obtaining sufficient funding on acceptable terms or at all.