RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Hoping for news end of monthsclarda wrote: Times like this is where we seperate the men from the Pu@ssies.
It's been a while since I checked on WGC. I see that there was:
a PP for
$2,413,351 closing on October 16th, for 26,815,013 units at 9 cents, each with full warrant at 14 cents good for five years; shares closed at 18 cents that day.
a PP for
$2,223,000 closing on December 4th, for 17,784,000 units at 12.5 cents, each with a full warrant at 20 cents good for five years; shares closed at 17 cents that day.
a PP for
$1,004,775 closing on January 21st, for 8,038,200 units at 12.5 cents, each with a full warrant at 20 cents good for five years; shares closed at 12 cents that day.
a PP for
$2,593,528 closing on February 18th, for 28,816,983 units at 9 cents, each with a full warrant at 13 cents good for five years; shares closed at 17.5 cents that day.
These are the PPs announced on their website at
https://winstongoldmining.com/news/ That's an additional 81 million shares and the same number of warrants in just over four months.
It's these frequent private placements with generous warrants that made me take my cash elsewhere. The progress in mining operations and expectation that it will lead to self-sufficiency is (for me) diminished by my reduced share of the pie. I'm still interested to see where the company takes it.