I don't think that they need to x4 for a capital raising, I just...

I don't think that they need to x4 for a capital raising, I just think there is good chance of it.

On the chart, the first resistance is at 8c, which is not major. However, at 8c options will be deep in the money so I think some investors will convert bringing 5c per option in cash to the company. In the best case scenario, money from the options would be enough for another quarter after that. In the neutral scenario, the company will take an opportunity to raise at 6.5-7c.

Major resistance after 8c on the charts is at 15-18c. This is why I think it could x4. Silver price would be helpful of course.

If you look at MTH it went x8 in a space of a week before settling around x4 (from about $12mln mcap to $100mln and settling around $50mln). We are at $6mln mcap right now so shouldn't be hard if played right