There is nothing wrong with this level for financing , hey , sure , more is always better but this pp is a sure thing and it will speed up the drilling big time to prove up a resource 43-101 compliant , and probably another 5-10 million ounces on top of that , that will have also to be made compliant but will have enough drill holes in there all ready to show it is there as similar to Long Bars 1 just meters away .
Many other very good projects were stuck for a year or 2 due to no financing and some times all it takes is gold to drop $150.00 or so just for a month or 2 even . That would also hurt SP albeit temporary but no need for that as if every one has done their proper dd we all should know this is a sure thing and all it needs is drilling .
And extra things like base line environmental studies , and other boring issues that we don't have to concern ourselves with as management has it all under control . All we need is assays . Just reread those last 2 or 3 NRs and it is screaming drill me north south east west , deeper , all over .
Osisco $14.00 a share with 4-5 billion market cap (around 350 million shares ) and we are just starting to come up behind them fast , and guaranteed they and others are watching us closely . 2 drills are going today 24/7 and now we know 2 more are coming soon with phase 3 starting soon and that is greater than 30,000 meters . They know exactly what they are doing and all we have to do is load up with shares and hold on to them because we are still at the bottom with a long way up to go while they make money for everyone involved .
You gotta just love those warrants that will put another > $4 mill in the coffers within a year of closing pp . Needless to say but I picked up more today .
