RE: is this good news or bad newsIt is good as well as bad news LOL
Good news:
If MineralFields buys it means that Dewk believes in an increase of the shareprice. Additionaly it means that this interest in shares helps CDO to receive money for drills. There are still not many investors interested in micro commodities , so it is possitive that MF buys.
Bad news:
Dilution is increasing (but this is, unfortunately, usual at microcaps), the amount of money coming in is not great as the shareoprice is low - but better than nothing as CDO needs money for drilling - which is also in our interest.............and MineralFields is well known for dumping shares heavily one day - whenever spontaneously !
Well, it is up to the readers to decide if they think this private placement bought by MF is good or bad news. In general I think it is good news as somethings going on, progress is possible and to notice interest in CDO never is negative.