RE: RE: RE: WHAT YOU ARE MISSING HERE!Your conclusion may be correct, but your reasoning is dead wrong. Flow-through financings are always done at a premium to the market. Investors get a 100% write-off against earned income (not bad ehh?) and as the adjusted cost base of the shares becomes
.00 they are, in effect, protected all the way down to roughly $.15 (assuming the investors have a marginal tax rate of 50%).
In addition, holding back good news and not releasing it and then raising $$ knowing they do, could IMHO, be considered pushing the envelope of legality over the edge.
I own the stock and I am not happy with the current shareprice or the management!