The 1.6M is actually 1M of which only 0.75M is going into exploration.
How far can this money go ?
0.25M is indicated for project generation.
ie. a whole QUARTER of whats being raised is to be used to find new projects.
Yikes ! What does that say about the confidence in existing projects.
All with low sp, low raise price and thus significant registry dilution.
I would like to hear some meaningful commentary on the most recent drill program at Falun.
The 1.6M is actually 1M of which only 0.75M is going into...
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