Yes JATZ, we don't always agree but in this case yes. As you...

Yes JATZ, we don't always agree but in this case yes.

As you would know, one of the pitfalls for a junior explorer is of course cashflow for exploration, and the easiest way to get it is C/Rs and more dilution.(Thats also assuming they can get it, many juniors are not able to raise funds this easy) That in itself tells us something about the project.

But lets not forget, that unlike most juniors, once they have reached this stage of there cycle, its very rare indeed to still be controlling 100% of the project. So although they have had to pay the price(so to speak) with more dilution for a continued cashflow. In the end Imo having 100% control will put them in a very commanding(and envious)position(masters of their own destiny you could say). And like I said, if we see that register tighten up, like it appears to be now with this latest C/R, than the shares on issue may not be an issue.



Cheers NK