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4.5¢ rimfire pacific mining limited

No more capital raising from this old shareholder. Been with...

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gypsy1010

48 Posts.

9

21/08/23

06:33

Post #: 69446078
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Originally posted by givebobajob: ↑

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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No more capital raising from this old shareholder. Been with them for 12 years and down to about a quarter of the funds I have put in. Not worth selling as no tax benefit to me. I think we are just keeping the Directors in a job honestly.

RIM Price at posting: 0.8¢ Sentiment: None Disclosure: Held
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Last 4.5¢		Change 0.001(2.27%)		Mkt cap ! $100.9M

Open	High	Low	Value	Volume
4.5¢	4.6¢	4.4¢	$197.5K	4.404M

Buyers (Bids)

No.	Vol.	Price($)
1	19794	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	706479	3

View Market Depth

No.	Vol.	Price($)
1	19794	0.044
1	100000	0.043
3	530000	0.042
2	1326000	0.041
3	600000	0.040

Price($)	Vol.	No.
0.045	706549	3
0.046	851403	2
0.047	300000	1
0.048	100000	1
0.049	394235	3

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