Thanks for noticing my post ajs3518. It seems to be a case of people wanting to ignore the problems POK are facing and hoping they will go away. Another poster wrote 'If a cap raising is coming it doesn't appear to be any time soon'. If that is the case then I would like to know how POK are going to be able to drill their exploration holes. Management need to let the shareholders know ASAP: 1. How they are going to fund the upcoming drill campaign and what dilution effect this have i.e. give us an estimate of how low we should expect the SP to smashed down to!! 2. Because the BLM authorised only 22 of the 28 Federal Prospecting Permits in the application, how does this affect the estimated 3.4 – 5.2Bt resource upgrade from the drill campaign i.e. give us some updated information so that we can estimate where the SP could rebound to if the drilling campaign is successful!!
POK Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held