Private PlacementWonder if Sprott will take any of this to lower his average. Interestingly, Jim said in one of the recent interviews that he has been offered money from a number of sources but wasn't going to do anything until he had some results. Now he announces a private placement without any news or even an update. Sounds like they have not seen anything encoureaging to date in the core so they issue cheap stock to bolster the kitty. More and more dilution. With this one and the prevoiuslt announced placement they have added around another 30 million potential new shares and warrants. Next will be a rollback when they hit nothing of any significance. Same old same old.look at their previous record.