ZNC zenith minerals limited

well thas my view...whats the point of raising capital and spend...

  1. 2,001 Posts.
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    well thas my view...
    whats the point of raising capital and spend the money on drilling in wyoming?
    let someone else do the heavy lifting, and if they strike a discovery we still own 2.5 million shares
    just like divesting flanagans prospect it will raise about half a million, which can be reinvested in drilling
    it is better move than issuing more shares and diluting shareholders value.
    we have 4 projects more than enough for junior explorer.
    the rest would be only strategic investments....
    you can disagree
    but personally i believe this management is doing cautious steps and spending wisely...
    devellin creek results should be coming out soon
    GLTAH
 
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