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Beacon Resources Inc CPLJF



GREY:CPLJF - Post by User

Comment by bedrockeron May 24, 2007 4:34pm
174 Views
Post# 12834500

Financed Above Current Market Price

Financed Above Current Market PriceWondering if I missed something, I read the details of the recent financing again. The great percentage of the financing ($1,950,000) was Non-Flow Thru at $0.20 a share, but it has been available since on the open market at a discount to what subscribers paid. If they were sharp they would buy in the open market. I did. The small flow thru component raised at $0.25 should not have much negative impact. The move to get a new VP is a good one. We'll see. Perhaps it will take time with a new jockey. If anyone has a different insight I would aprreciate receiving it.
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