RE: NEWS29NQDThis is pretty pathetic and confirms scenario #1 which was a massive dilution at a relatively cheap sp. I only did not expect it to happen that SOON and would not even early 2011 make much more sense after Q1 announcement of improved operations and possibly a higher sp for the financing?
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Explains the unexplainable recent strength in the sp despite the fact that Q4 results are expected to be dismal ... it is an inside job and rigged to get a higher price for the financing. Maybe the plan was to get all the money now instead of risk possibly having the stock tank after news of Q4 ... I dunno.
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Gotta do what you gotta do in order to increase production of the good stuff at these record high prices ...