Nearly 1 year ago Ray raised $20million to advance the current resource (inferred) at 8cents a share and claimed that what they had achieved so far was incredible value for the shareholders.
Now shareholders are yet again dealing with a further $9 million raise at 5cents without any additional ounces added.
Did Darren make any mention of adding anything to the current 2.2m oz resource in that interview?
It sounds like they are desperately looking for new, more viable (accessible) gold amongst the vast expanse of Pickle Crow.
Hopefully they stumble across something new with this $9million campaign!
Don’t expect anything to happen too soon holders.
Ann: $9m Placement to Fast-Track Regional Exploration, page-37
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