Mike called me last night after he finished with the meeting from his hotel room , As one would expect he wouldn't tell me anything that wasn't public info , At the meeting the co. says they're going to lower the warrant conversion price from .35 to .20 per share for tonogold common . The offering of Prospect Uranium Inc. , Which is a subsiderary of Tonogold should go public this year . I believe 1 share of stock and one warrant for .50 and i don't know the conversion price of those warrants . He said they have TONS of uranium and this could be a big winner . Sounds like Tono has so many good things coming down the pipe in nevada and alaska and the state of affairs of the world i beleive metals prices will stay at or EXCEED current levels.
I've known Mike for about 15 years , He's not a BS'er , he's very optimistic on tono & prospect . I'm going to increase my position's in both.
AS YOU KNOW AIMHO , DO your DD , CALL the CO. and talk to them , read the pr's ( they're stacking up).
Good luck to all RIC