Re: News: New .10c placement
in response to
by
posted on
May 21, 2008 08:20AM
(Edit this message through the "fast facts" section)
Anything is possible, but the reality of a .10c placement with warrants is a severe drag on price going forward. Not to mention the fact that they are not well funded at this point and will need to steadily raise cash going forward, further diluting. We don't like it, but the miss on the bulk sample was a lot bigger than many of us would like to believe. With so many severley undervalued juniors that actually have proven resources, there likely isn't going to be a big push on the share price anytime soon. JMHO