LOL, I do really hope you have a sticky hands and good luck with your 90k. The gold price is going to be monotonous for a while -- any bullish factor for gold is not going to cause any explosive movement in gold price, US has done a very good job in suppressing the gold price.
Perhaps that's why the management team raised the capital before the expiry of options -- they are ensuring they have sustainable fund for the coming years and preparing for the worst case scenario in gold price. So, for me, it looks like a very long hold from now on.
Now they have strengthened the balance sheet through securing at least 20millions, and I am keen that the exceptional result from hole 27 will get more funds from the options.
LCL LOS CERROS Charts, page-517
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5 | 5270000 | 0.005 |
5 | 3277843 | 0.004 |
Price($) | Vol. | No. |
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