Yeah, I get the concern, but hopefully, they won’t need another raise too soon since they just raised $1M. Their cash burn rate shouldn’t be too high in the short term, especially with minimal legal expenses expected until September when Ghana puts on their response.It was a similar story with IDA—unfortunately, I didn’t buy enough when it was in the low cents, and obviously, I regret it now. Hindsight is a wonderful thing, but those who did and could brave the risk saw massive multi bag returns. Hoping CMD can follow a similar path!
CMD Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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