Every time we announce a new private placement, there is a target on our heads until that private placement is closed. We come under attack because shorts and MM try to lower the PP price or have it cancelled entirely.
Not always the case......
January 18, 2012
Copper Fox Announces a $2,200,000 Private Placement Unit Offering Insider Commits to 100% Participation
The Offering will consist of 3,000,000 flow-through units at a price of $1.25
03/01/2011 |
1.840 |
1.850 |
1.720 |
1.750 |
1,857,867 |
0.000 |
0.00% |
02/28/2011 |
1.750 |
1.850 |
1.700 |
1.750 |
4,479,902 |
0.050 |
2.94% |
02/25/2011 |
1.440 |
1.700 |
1.420 |
1.700 |
5,034,935 |
0.280 |
19.72% |
02/24/2011 |
1.410 |
1.450 |
1.370 |
1.420 |
1,812,613 |
-0.040 |
-2.74% |
02/23/2011 |
1.310 |
1.490 |
1.270 |
1.460 |
3,540,247 |
0.250 |
20.66% |
02/22/2011 |
1.340 |
1.360 |
1.200 |
1.210 |
1,891,379 |
-0.130 |
-9.70% |
02/18/2011 |
1.340 |
1.420 |
1.280 |
1.340 |
3,642,649 |
0.040 |
3.08% |
02/17/2011 |
1.050 |
1.320 |
1.040 |
1.300 |
4,235,942 |
0.260 |
25.00% |
02/16/2011 |
1.030 |
1.050 |
1.020 |
1.040 |
482,975 |
0.020 |
1.96% |
Then they closed it March 16th
March 16, 2011
Copper Fox Announces the Closing of a $3,750,000 Non Brokered Private Placement Flow-Through Offering
03/24/2011 |
2.040 |
2.040 |
1.810 |
1.890 |
3,486,793 |
-0.150 |
-7.35% |
03/23/2011 |
1.950 |
2.060 |
1.920 |
2.040 |
1,652,091 |
0.130 |
6.81% |
03/22/2011 |
1.990 |
1.990 |
1.870 |
1.910 |
994,168 |
-0.070 |
-3.54% |
03/21/2011 |
1.900 |
2.000 |
1.890 |
1.980 |
1,870,206 |
0.150 |
8.20% |
03/18/2011 |
1.800 |
1.870 |
1.780 |
1.830 |
1,765,445 |
0.100 |
5.78% |
03/17/2011 |
1.620 |
1.830 |
1.550 |
1.730 |
1,691,252 |
0.260 |
17.69% |
03/16/2011 |
1.400 |
1.520 |
1.400 |
1.470 |
1,708,675 |
0.110 |
8.09% |