You forget the timing of there float. They originally wanted to raise 2x what they did however their banker recommended a smaller position. You only needed to read the prospectus to know they were running very skinny with the IPO.
my assumption was the raise was going to eventuate in Jan/Feb and was really expecting more drill results (and a little more pump up) etc
clearly I was off by a month. All miners have been highlighting the delays with getting assay results back from the labs this quarter with the flood of exploration.
dissapointed they aren’t offering some to us small guys but at least its clean and quick.
looking forward to all those backlog assays! And for the next hike in the silver price.
still plenty of fun to be had with this one guys - buckle up.
MKR Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
