PINL:HLOSF - Post by User
Post by
YourNadiron Nov 10, 2010 12:14am
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Post# 17684857
Raising capital?
Raising capital?I have been eyeing a position in HLO for a few weeks. Today's surge was tempered by a general market pullback and it may give me an opportunity to jump in soon.
My only concern is whether Halo will have need to raise money anytime soon because they have little cash in the bank. Is there a likelihood of dilution of their small float in the near future, or are they essentially sitting tight, waiting for a Hudbay buyout?