is the drop over or is this bounce going up going to get the shorts to cover before the next leg down. IMO AUMN will have to do RS and private offering. Under the circumstances I doubt they have borrowing power. they have stuff in the ground but need fund to gre it out
ok so now they are doing a RS which mens they willl then do a shre sale. Question is at what price $2 $3 $ 4 or $5 if the RS happens with Sp at .15 that is $3.75 So they get the SP up for the sale but will it dank big time first?
They do hold some great properties, but POG must et much higher for them to make it work.