GREY:CLGRF - Post by User
Post by
oddykogon Oct 24, 2006 4:42pm
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Post# 11550145
Flow through offering
Flow through offeringThe 3.33 million shares offered this year under the flow through offering are the first new shares issued since a December 2005 offering of 2 million shares. Last year the price was $1.05; this year it is $1.65 ... a great improvement. I hope and trust that cash flow will be better in coming quarters and this capital can last the company for a year or so. They did a loan in August, I believe, so cash should now be at sufficient levels.