That should be about enough for 2-3 holes so IF that money is used for drilling it will pay for half of it.(approx 100 dollars a meter.) IMO the money for drilling should already be available before they start but the timing suggests that they are using the PP to fund the holes. We should need another 80K or so to finish all 5. If Scott is smart he will wait a day or two before doing a second PP so the bump this PR makes will allow them to do it with less than 5m shares. Probably the largest single mistake Scott has made is allowing his PPS to dwindle.
He should have and could have done a PP (and drilling)years ago and got the same 80K for less than 1m shares. Every issue of shares in the past 3 years have been a waste of money at the shareholders expense.
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