RE: Private placementHello Gents,
I personally like that news. It shows confidence within the company that they can raise money in this financial crunch and economic! Also, the news states that the funding is for Argentina's property and North BC property. It has nothing to do with RSC drilling or results from it. Also, the fact that this is not introduced to us the regular investors, tells me that maybe PBM is attracting and gaining exposure with the latest news releases and especially the way the share price is going and the price of uranium, and I like it! Anyone who gets position in PBM at this price is a still, especially if RSC strikes the goods. Remember that the path of RSC success is trough PBM's land. The stronger the PBM is the higher the buyout price would be. I see the glass half full here rather then half empty. I could say more, but rather not speculate... Everyone has its own reason to invest here or to bailout. Just MHO
Good luck!
B