- PINK SHEET CURRENT: Company has filed and brought up to date all necessary filings to move from Pink Limited to Pink Current (PC). If all is in order, depending on current processing time at OTC Markets, should see PC in the next week or so.
- PRODUCTION: Company just commenced mining operations on Sept 19. As production numbers and cash begin to flow each week, should be a strong tailwind for the stock.
- INVESTOR DAY: Company tweeted that Monday (10/2) is Investor Day and they will be providing live updates via X (Twitter).
- COMMUNICATION: A look at the Company's Twitter shows they are very active on their page, including video of operations and claims. This could provide a potential catalyst on any given day, especially in the positive gold-news driven environment.
- EXPANDED OPERATIONS: Would expect newly commenced operations and cash flow will be used to funded expansion of current operations. Additionally, would be logical to expect additional claims to be mined.
CAPITAL STRUCTURE
- -Authorized: 298,000,000
- -Outstanding: 291,864,288
- -Restricted: 146,289,881
- -Unrestricted: 145,574,407
- Held at DTC: 82,632,723
CONVERTIBLE DEBT
Company has had debt on the books since 2016 with NO CONVERSIONS. These are long term holders, until we see differently. It is something to just keep an eye on and would expect management addresses through their updates