FRG 5.00% 21.0¢ forge resources limited

re: Ann: Forge Secures $8.5M Funding Packing ... Nice!Based on...

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    re: Ann: Forge Secures $8.5M Funding Packing ... Nice!

    Based on the cash burn I was expecting a cr at a discount, which could have let to a lot more selling pressure.

    Not only a cr won't be necessary, selling a 7% stake in balla balla for 7 mln sounds good to me. If 7% is worth 7 mln than 68% is worth ... ;-)

    There we only have a Market cap of 16 mln, enough cash and pending news on other projects, Forge sounds like a bargain at these levels..

    Cheers
 
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