Won’t happen. They need an additional $2.5m in funds as it is for that extension of drilling at Lac Rainy (what some are calling Phase 3).
They’re 10 times more likely to consolidate than doing a buyback. If we can get the really big numbers, .004 will be wiped. But management need to deliver and sooner the better.
MLS Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
