My theory is, at some stage, they will want to do a proper raising. I think, more than likely, they will find something exciting to bring to the market (probably some high gold results), and raise at a much higher SP. Similar to what happened with SCI (from approx 3 cents to a high of 13 cents on Lithium ann, then a raising at 4.5). They share a director.
The major difference is, of course, that NIU is already making money on it's own. So the price after the raising won't be dependent on drilling results, as has been the case with SCI. I'm looking for 1c minimum.
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Gold/Silver producing.....cheap cheap, page-4
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