Good morning everybody on the boards, what another great day. I was thinking again, dangerous I know. Imagine the enthusiasm if they came out and said.
"A capital raise only for shareholders with a free listed attaching option. This new raise would drop the Cluff option and we will go it alone for the full amount to drill. Price per share would be around the average traded price etc however they determine. The issue would be based on what you hold on X date."
That sort of news would push us back over 15 cents and less dilution to boot.
I think this whole project is being undervalued, and I think the shareholders are also being underestimated. Yes I do understand the risks and losses involved if they strike nothing.
I guess it is possible Scott is thinking longer term so that when they do have the resource and need to get it to market, that may be where they are going need big money from the big boys.
I should be in charge of fund raising this to be honest. I ran my own business with thousands of customers whom I managed for 15 years to early retirement. I think I could do this Scott.
All my own opinion.
IVZ Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
