Can't they buy a little project somewhere and bring it into production to generate some income?
Then the company can generate funds for exploration, and other benefit will be future CRs would be at a higher SP, minimising shareholder dilution.
This strategy of raising funds to pay for a little drill campaign, then putting the hand out again to raise to fund the next one......they will be at 0.004 or something soon.
Ann: Share Purchase Plan to fund nickel search, page-12
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42.5¢ |
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Mkt cap ! $21.13M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 43.0¢ | 40.0¢ | $266.6K | 638.5K |
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| No. | Vol. | Price($) |
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| 2 | 30000 | 42.0¢ |
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|---|---|---|
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