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Snowfield Development Corp. SWFCF



GREY:SWFCF - Post by User

Bullboard Posts
Comment by HotSnoton Jan 30, 2008 9:09am
115 Views
Post# 14287613

RE: PP

RE: PPThe private placement was tiny. Your post is intentionally dense and misleading Glassy...what else is new with you? "Why not wait until after the results if they are going to be so great and the price is going to fly. Results due to be released in a few weeks and they couldn't wait to do the pp then." If the PP was for around 4-5 million at .35 then i might have been abit concerned but the amount which was financed is probably the amount which is required for the continued financing of the winter drill program to be completed and the removal of the last 400 ton sample with counts at the SRC etc. As im sure you also know Glassy....A PP of any LARGE amount in SNO's case would only be done after a runup and a stablizing of SNO's share price over a 20-30 day average. I would say that its actually pretty impressive that SNO can get another NON brokered PP at another premium to the share prices trading range over the last few months. Wouldnt you agree Glassy?
Bullboard Posts