Ann: Trading Halt, page-4

@Thebigonion
I suppose we will all be buying now, should see buy side increase at these prices.

To forecast a CR via management words, quarterly activity reports with no $$$$ etc etc, ensures a sell down & opportunity to manipulate SP lower ….. none of that is to the benefit of current SHs. So very amateur and BOD will need to respond.

Option 1: do a mini CR awaiting news, however this probably won’t work, it will consign SP to lows.
Option 2: do a full CR to fund full drill campaign ….. brutal for current SHs
Option 3: cornerstone investor wanting to see production, probably best of bad bunch…. But I doubt this will happen.
Option 4: drop additional announcements during TA and raise at premium, unlikely …. Very unlikely
Option 5: use current SHs to raise, can’t see it happening…. Too hard.
Option 6: combo of 1 & 5

I am tipping 1 or 6. Would like 4 tho!