COI 0.00% 15.5¢ comet ridge limited

the 'escape' i am glad to see is the escape from upcoming drill...

  1. 2,405 Posts.
    the 'escape' i am glad to see is the escape from upcoming drill funding committments.
    comet is now bombproof stateside for years.

    my take is that they get to access 20% of the cashflow created by up to $26 mill us dollars of spending.

    if they can get cashflow this year--no more cap raise.

    fremont low risk low producing drills are now go.
    they couldn't afford washington--now they won't loose the lease---which was only optioned.not owned.

    couldn't have really got a better get out of jail free card.
 
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