RIM 37.5% 5.5¢ rimfire pacific mining limited

Ann: Assays Confirm Cobalt at Bald Hill, page-3

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  1. 469 Posts.
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    I have never seen a release of an assay result for a paltry 1x drill hole (out of a minuscule 3x drill hole program).

    Poor old RIM has no money to go forward. The recent $800K token raising covered Director's salaries and overheads. We need a capital raising of $M's for exploration to inch forward. Given Billis's offering of $4.5M was rejected, for reasons I cannot understand, where in God's name is RIM going to find the capital?

    What is the forecast of how much money we need?

    Note to the Board of RIM: "Please share your vision, and how you will financially achieve this, with your loyal shareholders."


 
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Last
5.5¢
Change
0.015(37.5%)
Mkt cap ! $129.5M
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4.2¢ 6.5¢ 4.2¢ $1.281M 23.96M

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