Tony would lend the company money before raising at the wrong price imo.
I think they will drill first....they now have a much better idea of the structure, so any holes will target the stacked gold veins and almost guarantee a hit if the structure is formed the way they believe.
That will see a raise at a higher price....but many people have missed out on long share price runs in stocks because they held off buying expecting a raise.
The point really is...what could Christmas Creek and Mcleans be worth if successful?
I can envisage a value of $2-300mln in the next two years.
We are on the ground floor.
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