It would be ridiculous to do a CR below the price of the last time. Since the last time the only thing that has not happened is a confirmation of resource. The co has shown that fraccing is possible in the area. Well done guys.
Who wants to invest in a CO that does a CR below the last CR, has seen a massive decline in SP over the same time period....
I would ask people on this forum...at what price will you participate??? 2.5 cents? 3, 4?? I mean we participated in the last one for the bargain price of 5 cents which we can now buy for 4....
What say ye???My entry would have a 1 in it. Say if it is as 3 cents and they want 3 million in cash...well your equity just got diluted by 30%.
NWE Price at posting:
4.1¢ Sentiment: None Disclosure: Held