RE:RE:RE:RE:Informed buyers???
Most of the time Right offering comes when company don't find investors.
Here I am agree on massive dilution but lookslike healthy dilution here. Previous 3.5M PP was done last year but hardley any trading activities since than. Dunddee and Sprotts were in that financing and still has lots of interest in new financing. They increased from 5M to 6.25M and I am confident that they might close even heigher. They have good project with higher gold grad. Current share holders are not buying in open market at 0.10 cents so I am comfortable with Dundee and Sprotts 6.25M dollars PP at current share price.
These all speaking a lot higher price in near future. I will hold at least for a Dollar share price.