I think company has about 1.5-1.7million but not enough to drill and for other admin cost. So, I expect some sort of placement before drill start. I wish SP goes back 2 or 3 cents before raise capital. It will be hard during financial crisis. First, let the company announces progress on drilling activity. I bought few thousands at 0.6cents and going to buy more next week at 0.5 or 0.6. I would think it will drop to 0.4cents if there is no news for coming month.
TPL Price at posting:
0.6¢ Sentiment: ST Buy Disclosure: Held