Thursday, February 28, 2013 7:52:52 PM
Well, they must be close to having the money for ZTEM as they ended the last Q with about 100k in cash, and subsequently got 225 k from FH according to 10q. Since then we saw shares issued for about 70k in debt and I am guessing the other dilution since Jan 1st is FH and if so probably another 150k+ raised. I can't imagine them having a bunch of expenses recently, so I am guessing they are close....
This is not to say there isn't private equity, angel investors or JV entities lined up ready to explode these claims with exploration ....
So yes any day, financing, ZTEM, JV, drill announcements could come out and send this. The only thing really restraining this and even the most skeptical here can understand if the dilution is removed and one of the before mentioned items comes out, this can easily rocket to a nickel in no time and push much higher from there..
This is not to say there isn't private equity, angel investors or JV entities lined up ready to explode these claims with exploration ....
So yes any day, financing, ZTEM, JV, drill announcements could come out and send this. The only thing really restraining this and even the most skeptical here can understand if the dilution is removed and one of the before mentioned items comes out, this can easily rocket to a nickel in no time and push much higher from there..
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