Panic Selling, page-96

agreed! Frustrating and disappointing but patience is required. Rewards will follow.
looking at the cash flow statement for the June quarter it shows cash at $3.9 million and expenses at $1.6 million…so this is a busy quarter and I would expect the cash to be down to $2.3 million or less. Money will need to be raised. I believe that on the back of a successful drilling campaign at either or both projects money will be raised at a far higher price than the last raise at 5.7 cents and a one for two free option. Possibly 10+ cents or more.
copper is possibly the key to a healthy CR. Anything less than a 5.7 cents raise would be seen by the market as extremely disappointing and I don’t think it will happen.Money is easy to raise at this moment but it could change and the best time to raise money is from a position of strength.