Well do you think a CR should be done while they still have some money or once they have run out of money.
MGT had a cash raise with $3.2 million left.. AZL did a CR with $5 million left... GLN did a CR with $2.88 million left... There's my credible data. Where is yours? Apart from the standard "you're just downramping" comments
now what is so down ramping or unbelievable about a CR with 3.1 million left in the bank and more drilling required? You should see a CR as a good thing if you truly beleive in the company. Gives you a chance to by more shares cheaper and usually with options attached.
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