Small-Fry Miners Want Our Cash
This report: Aston Bay Holdings, Stuhini Exploration, Aztec Minerals, Alaska Energy Metals, others. Obscure mining-cos (approx. $100 million market value and lower) are entering a summer-autumn scramble for fresh cash. Many do not deserve it. The $ub-100s, as I label them, face larger explorer-developer-producers’ brokered equity placements, convertible debentures (BeMetals‘ $3.3 million CAD one), ‘bought’ …