You mean, like ESG did with its $50m Patterson's placement?
Both ESG and HGO are burning cash. That is what explorers/developers do.
The only question is, are they adding value in the meantime.
It is far better that HGO raising money through dilution, rather than prematurely dispose of part or all of their ESG holding.
They know, and have said as much, that their ESG will be a company-maker, and they will only sell it at a price far in excess of ESG's current price.
And I support this approach.
Y
You mean, like ESG did with its $50m Patterson's placement?Both...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
