GREY:RHWKF - Post by User
Comment by
BebeRebozoon Nov 23, 2010 7:22pm
252 Views
Post# 17747923
RE: RE: $20 million financing just announced
RE: RE: $20 million financing just announcedWhat do I think? That we're now going to be 156 million shares out fully diluted, with $23 million in the bank and Macquarie now wanting to see their $23 million turned into a whole lot more than that. How is that going to happen? The drill bit I guess. I was hoping that we'd see the results from the current drilling program by now, but this has me scratching my head now, for sure. I am assuming Macquarie didn't do this financing just for fun so we'll have to see what happens with the market now. I'd like to see the copper price start to firm up here too and go back to the $4.00/lb mark, given inventories continue to drop daily.
Stay tuned - it looks like things got a lot more interesting here for sure - the big institutions now know about RDK - that much is now certain at least.