TSXV:WMG.H - Post by User
Post by
Geysiron Oct 12, 2010 4:06pm
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Post# 17555284
private placement
private placementMOR has done its private placement of over 12 million shares at $.05 for proceeds of $611K. This will give MOR a few bucks to start defining the resource. So far they have done nothing more than "rock chip" sampling - basically chipping off pieces of rocks that are on the surface.
MOR share price seems to be holding firm around $.06 - $.065. I couldn't completely fill a $100K order at $.06. Many sellers are standing firm at $.065 and higher.