PINL:VLTAF - Post by User
Comment by
YeOldGoldNuggeton May 13, 2010 9:05am
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Post# 17093812
RE: RE: RE: $30 Million Bought Deal
RE: RE: RE: $30 Million Bought DealYeah, wondering about that one myself.
$30M is a big number and bought deal is the best package deal a company can get.
So, they must be really going for something big here judging by that number.
And yes, desk work doesn't cost that much.
This is cold hard drilling money!
South area for sure! Besides that...some of the other projects?
Don't know, 'The proceeds of the offering will be used for general working capitalpurposes.'...that if I'm not mistaken could even mean toilet paper or office supplies so...also hoping for a little clarification here on the subject.
But,..bought deal at 30M...how about that...and at $1.55.
There are other ways to create a big support area at $1.55 but cementing the place down like this with a giant support area...I'll settle for that.
Less downside and more upside...June will be rocking for Volta.