Hi Cassidav, Thanks for the write-up. What you mentioned is how every Director needs to be to sell the company to potential investors. But it's a different realm to show existing investors result and progress. 1. We need money to do anything that brings SH value from here.. 2. We need drill targets 3. We need actual exploration to start; meaning a Geo is out on field and doing surveys and collecting samples and supporting drilling.
Unfortunately these are the activities that create shareholder value for an exploration company and AVMs activity has a significant lack of all the above.
Approx 4mil market cap. At 0.006. Any capital raise will dilute us significantly more. As I mentioned before, the ONLY way I see our shareprice recovering is 10:1 consolidation followed by a demand rush due to change in volatility and spreads. When that becomes the most beneficial exit strategy it's a serious problem.
Unless a miracle happens and BC actually open the gates for Elko. Which I feel like what maybe what the bigger shareholders and management maybe working on as its like more of a chess game of lobbying rather than actually having to go through what an exploration company has to do (if you get what I mean)
AIMHO
AVM Price at posting:
0.7¢ Sentiment: None Disclosure: Held
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