PP increased to $1MLN..-03-17 09:28 ET - News Release
Mr. Julio Benedetti reports
BELLHAVEN TO INCREASE NON-BROKERED FINANCING FROM $600,000 to $1,050,000
Bellhaven Copper & Gold Inc. will increase thesize of its financing, recently announced in Stockwatch on March 15, 2010, from four million to seven million unitsdue to unforeseen and significant investor demand. All other terms of thisunit offering remain the same as released on March 15, 2010.
---------------------------------------------------------------
IMHO, there's serious money to be made here, but this is a 'buy and hold' and not a short term trade.
Pershimco appears to have every intention of moving forward on their JV with BHV, but as the ultimate size of
Peshimco's (PRO) financing on BHV's property is substantial, they must continue their D.D. process.
All things going well, we should see a closing on this financing by early April and PRO firming up their arrangement with BHV by mid April, at which point we could easily be in the upper 20's minimum.
Just my thoughts.
GLTA
Feast Time