Member Info for Galicia

PANRs convertible loan is around $29.4M now. That's a drop in the bucket compared to the money they need to go to production though. 88 also needs a lot of money for Namibia and the next round of testing in Alaska. Neither has anything to offer the other, they both need a partner with money.

The two have been sharing data and insights for at least a year so this is nothing new, it benefits both.

Anyone who bought HE1 before December is still down 50% or more and now it is retreating. The same may happen here, anyone who loaded in the last couple months might be ok but the longs will still be longing.

Almost all OTC stocks are nothing more than gambles and games of hot potato. Do you really think PANR was trading based on fundamentals when it ran to $2?

OTC thrives on catalysts to drive short term interest. PANR problem is they provide too much information, detailed plans that are nothing more than a roadmap for day traders to know exactly when to enter and exit. With no catalysts coming up for probably a year the price will be stagnant until they resolve the funding question. This is why they are trying to move exchanges, to reach investors that actually do care about the fundamentals.

Like it or not 88 will probably rise going into flow testing, I doubt as high as it has in the past and a RS will smack it back down but then the circle of OTC life will just continue on.

88 cannot start work at Hickory until the state opens the tundra which the weather requirements have not been met yet.

88s original plan sent to the state had them starting around Jan 15th so they had wanted to start earlier but it was pretty obvious by mid-December that wasn't going to happen. They had to start getting things scheduled so they have chosen dates that should be safe weather wise.

The state sends out updates at least once a week, you can sign up here: https://list.state.ak.us/mailman/listinfo/dmlw.tundra.notification