TSXV:CAV.H - Post by User
Comment by
jplaneon Nov 14, 2010 8:19pm
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Post# 17704996
RE: share price....
RE: share price....Our financing isn't done yet. Needs approval by TSX (usually a formality), and a closing which was set sometime in the middle of Nov (any day now). The other hold on sp could be the 1.10 pound gorilla in the room. While the financing is a good thing, investor sentiment will probably hold us a while, as nobody likes paying more than they could have or more than someone else paid just days previous. I'm aware that an announcement of the closing of $1.10 per share deal will be announced shortly and bring back some of the previous pain some here were persistently pointing out a week ago. I may buy more now as I'm guessing that an announcement that men and machinery have been mobilized and that difficult to persue long ago ordered items will be delivered in the next quarter. I could be wrong as I previously guessed at a $1.30 placement with half a warrant attached. O ya, no warrants attached, I guess my estimate wasn't far off. We may only see 1 cent ave per day for a few months now, I expect Jan will be our month.