Its unfortunateSome companies use there shares like a personal bank account and just keep drawing down to pay themselves, I don't know if these guys are doing that or not. As well so many small companies have several other companies running out of the same small office space in Vancouver, I'm not saying that's what these guys are doing. Also some companies always talk about new projects and new direction but seldom follow through with the promise, of course I am not saying thats what these guys are doing. Do some real due diligence, don't just scratch the surface on so many of these junior explorers. Some roll back their shares and change their names as well possibly due to a bad reputation on the markets. Lots of shady companies out there is always buyer beware.
Have a great trading day, oh and by the way you gotta love it when companies do placements that actually what the market is trading at or even above that mark, I don't think I have seen these guys do that. That's always a good sign that confidence is high with investors.