GREY:AVGCF - Post by User
Post by
art27on Apr 23, 2010 9:24am
318 Views
Post# 17023162
60 cents financing! LOL
60 cents financing! LOLThey just lowered the offering by 10 cents and added 6 more mil shares. Screw the shareholders. Glad I sold everything one week ago at .72 I knew this bought deal would screw everything up. Well see you all at 60 cents (unless this falls so fast they change their mind to a .50 financing!) I am so pissed. Man! I cant believe what I read
What is it gonna take ? 1 Billion shares to achieve 200,000k oz anual production ? No thanks!
"Canaccord Financial Ltd. and Cormark Securities Inc., pursuant to whichthe underwriters have agreed to purchase 41.8 million common shares ofthe company at a price of 60 cents per common share for gross proceedsof $25.08-million. The corporation has granted the underwriters anunderwriters' option to purchase an additional 6.27 million commonshares"