RE:RE:40% dilution? It is now time to get out of this guys! Not a problem guys...
SP action after the last drill results tell us everything. I don't want to hurt anyone's feelings here, but just expressed my feelings!
I know this kind of dilution is normal in the mining sector. But why such a huge dilution that too cheap? if they believe there are much more good results coming soon, why not wait and raise cash at $4 a share. In the last presentation, JM told that they have cash to continue the current activity. If not that urgent, why that soon?
If you think they priced the share at $3.26 for $25M, I have nothing more to say! Then I will agree that I lost the game... But I think I get a better entry point soon.