I suspect they have the drills or a good idea of them
they don’t need to release as they are already halted
but they can discuss with a cornerstone investor/s. This must be the case as no CR has been issued to brokers or sophs by the sounds of it. No one has heard anything.
they would get him/her on board before the release so the shares are cheaper. This is the incentive for the investor.
potentially they suspended to avoid releasing all this in a red day. Also to perhaps release drill results together.
add the 2 new geo’s to the equation.
the MC is still low and and the free SOI are tiny so if even part of this is accurate it will move. Can’t see a CR being at a big discount. The point is it’s at a big discount to where they know it’s going IMO
not many shares have been dipping on CR lately, quite the opposite. Good news is they will be cashed up to continue to move forward. Why move forward if you found nothing, with extra geo costs involved? You wouldn’t
MXR Price at posting:
15.0¢ Sentiment: Hold Disclosure: Held
