RE: FinancingHe is wrong.
Look, I don't mind investors coming on here to give their opinion on a stock but I cannot stand completely inaccurate information being posted as fact.
Pick up your phone and try calling someone next time and don't bother trying to tell me you did. I know the facts because I took the time to speak to the people involved. You, OTOH, did not.
Fact: the Canaccord allotment was gone in almost record time -- less than an hour and that is a brokerage that does not buy high.
Fact: the financing was oversubscribed by at least 50 per cent and likley more than that. It will close in a couple of weeks.
Fact: If as Art B states, the company doubles lbs in the ground, the stock will be an excellent buy at current levels. However, 40 million lbs that may be a tad optimistic. When the assays of the 17 holes are released, however, look for a much higher compliant resource.