The Sept quarterly showed over $13.4m in the bank, therefore no urgency for dilution and dollars. Disappointed with the way the price has gone the last few months, therefore looking for more results and an increased MC before too much is given away - no point in more funds for a while. Maybe they can give the shareholders a chance to participate when and if a fund raising becomes necessary. During the next six months one would imagine there will be many drill results from both parties which may trigger BIG benefits for shareholders. Like many holders, I consider the potential from this level to be outstanding - hence, wanting the best of returns on my LONG term outlook. I will just await the announcement.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held