RE:RE:does anyone think the financing might close aheadcan you please explain what the HECK you're talking about with this statement:...
"Its not when the financing will.close Its when the 3.3 mil shares goes thru at $3.60 the financing will close. By now I am guessing close to 2.8 mil must have traded since the NR so hopefully by this Friday the the remaining 500 k or so will be traded and the financing will then be closed"... the recent trading of shares in the open market has nothing at all to do with the shares that were issued for the financing... those are newly issued by the company and go directly to the buyers...
you seem to be implying that the money for the financing comes in by buying in the open market (obviously not), or maybe that people who buy the financing shares immediately sell them in the open market??? (obviously not)... talk about
totally confusing and probably 100% wrong...
unless I'm not reading your post correctly...
kingscorpion wrote: Its not when the financing will.close Its when the 3.3 mil shares goes thru at $3.60 the financing will close. By now I am guessing close to 2.8 mil must have traded since the NR so hopefully by this Friday the the remaining 500 k or so will be traded and the financing will then be closed. I did mention a few times that it would be much better if PYR up on start of trading on TSX announces the torch deal The better one would be when Peter opens the trading floor with a hammer in his hand and right there announces the toch deal. Or just before starting to trade on TSX could also do the trick after all the s.p on the venture will still go up quite high. The idea is to have the kahunas when entering TSX. Otherwise it will be like what happened to DYA They also uplisted to TSX without any contract and sure enough the stock went up but also on the same day came.down