Yeah I agree, I believe this company still has such a small market cap for the type of project they are targeting. It was only a couple of months ago we were sub $15 silver, didn't take long and now we're looking at $16+ silver, with the stock basically doubling over the same period.
Even if they dilute I estimate they'll be looking to raise a few million to keep the lights on, given the interest in this stock it probably won't be that dilutive. Plus who knows what institutional players would want to get a slice of the action and pony up some $$. At the end of the day the management need shareholders to raise capital, if they are reckless with their share issuing they won't be able to raise the capital needed to make the mine work... DYOR...
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Last
9.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $137.2M |
Open | High | Low | Value | Volume |
9.3¢ | 9.4¢ | 9.1¢ | $165.7K | 1.798M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 191348 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 298430 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 160900 | 0.091 |
21 | 1173943 | 0.090 |
7 | 439990 | 0.089 |
5 | 266000 | 0.088 |
3 | 95980 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 298430 | 1 |
0.094 | 80000 | 1 |
0.095 | 27173 | 1 |
0.096 | 150000 | 3 |
0.097 | 200001 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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