re: Ann: Placement to raise $1.7 million and ... How does it create a short term buying opp when they don't have enough money to drill 1 hole never mind 4 ?
Doesn't matter how good your project is...Juniors trying to raise cash in todays market, just isn't going to happen.
POK needs c$4m per hole...in all about $16 - 20m to fund the 4 drill holes but could only raise $1.7m
This money is for working capital only... to keep them a float
The only way this project is going to move forward now.. is bringing in a partner to fund it.
long road a head..
..........
"cash is king"
re: Ann: Placement to raise $1.7 million and ... How does it...
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