Tony would lend the company money before raising at the wrong price imo.
I think they will drill first....they now have a much better idea of the structure, so any holes will target the stacked gold veins and almost guarantee a hit if the structure is formed the way they believe.
That will see a raise at a higher price....but many people have missed out on long share price runs in stocks because they held off buying expecting a raise.
The point really is...what could Christmas Creek and Mcleans be worth if successful?
I can envisage a value of $2-300mln in the next two years.
We are on the ground floor.
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- Ann: Visible Gold in Drill Chips from Christmas Creek
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9.0¢ |
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Mkt cap ! $53.68M |
Open | High | Low | Value | Volume |
9.8¢ | 9.8¢ | 8.6¢ | $96.49K | 1.028M |
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No. | Vol. | Price($) |
---|---|---|
1 | 13137 | 9.0¢ |
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Price($) | Vol. | No. |
---|---|---|
9.2¢ | 8164 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13137 | 0.090 |
1 | 91620 | 0.089 |
1 | 11000 | 0.085 |
1 | 197368 | 0.084 |
1 | 15000 | 0.083 |
Price($) | Vol. | No. |
---|---|---|
0.092 | 8164 | 1 |
0.093 | 12230 | 1 |
0.094 | 68411 | 1 |
0.100 | 116700 | 2 |
0.105 | 501183 | 5 |
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