I would sell 2 mil shares today for 17c if I was involved in Tranche 1 purchase knowing I could pick up 2 mil shares next week for 15c and put the extra $40,000.00 back in my sky rocket.
It’s a no brainer. In reality todays announcement of drilling already started probably saved us from going to 15c.
If they didn’t cap raise there would be no reason to sell off or be disappointed. We most likely would have been at 25c today if this CR didn’t happen. The situation has not changed though. Spud has started. We are in a better position now than we were last week.
I would think if retail sold off due to being disappointed then they don’t understand how it works and prob shouldn’t be in the game anyway.
Im not saying we can’t go lower. I won’t be selling any though. 60 days and you could be ordering a Lamborghini.
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