Yeah agreed. better to try and raise capital now while there is something positive to potentially look forward to rather than risking trying to raise capital if they dig up nothing.
Had a bit of a epiphany last night when I was thinking about MPJ. Although nickel hasn't been found (in terms of the commercial grade we all want), they have had forensic clues to work with and map out where the most prospective areas will be. After re reading their announcement, it definitely seems they are a lot more confident with their drilling targets.
Very happy to hold at this point and look forward to the next few months.
GLTAH.
MPJ Price at posting:
0.7¢ Sentiment: None Disclosure: Held