RE:Excelsior Mining Corp. Announces $4 Million Bought Deal Fina
It's good that they've finally solved their forseeable financial needs but the .25 price - and all the dilution - is a big disappointment, especially considering the deal includes warrants. I guess beggars can't be choosers. We still really do need to find some permanent solution to financing this project to completion. This buys the breathing space to do that. We really can't afford to do more of these kinds of financings where we get raped.