TSX:SUE.WT - Post by User
Post by
Stylesson Nov 14, 2011 10:02pm
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Post# 19237251
Anyone asking WHY?
Anyone asking WHY?Why did a company that had over $30M in the bank go out and raise another $50M (looking for $75M)??
The company was already financed to PFS, and didn't need any money in 2011 or 2012.
This makes me feel like the sulphides aren't there and they are just raising all the money until they can grow the oxide resources to make up for what i imagine will be a "no significant mineralization in sulphides" press release this month.
This is fishy!