re: Ann: SHARE PLACEMENT TO RAISE UP TO $1,00...
lol georgeaux,
This should do the job...
On the serious side, interesting to read some history of the Monte Christo mine, finding the big deposit still seems like a long shot but something about a $1M cap raising as a "gamble" doesn't sit well with me... in a good way that is.
To have 222,222,222 shares issued @ .0045 means they would be hard pressed to recoup their capital. The only hedge for them is that Cluff may take a JV stake in India for gold which would generate some upside for the SP and they could sell into that. Without any Indian JV then at the moment I can't see enough support even at .004 without some good news coming out of Bingara. I don't give a FF about insider trading, I hope they know something we don't.lol
Good luck all.
CFR Price at posting:
0.4¢ Sentiment: LT Buy Disclosure: Held