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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Avion Gold Corp AVGCF



GREY:AVGCF - Post by User

Avion Gold Corp
Bullboard Posts
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(5)
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Post by PaleRider22on Apr 16, 2010 12:02pm
285 Views
Post# 17000118

A 'BOUGHT DEAL'...

A 'BOUGHT DEAL'..."A bought deal occurs when an underwriter, such as an investment bank or a syndicate, purchases securities from an issuer before a preliminary prospectus is filed. The investment bank (or underwriter) acts as principal rather than agent and thus actually "goes long" in the security"

I would think the people involved know what they're doing...The news felt like a slap at first...but I didn't sell...or try a swing trade...If the big boys are 'long'....well, me too...GLTA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities