GREY:MPRXF - Post by User
Post by
tomarkon Jan 24, 2012 11:33am
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Post# 19441710
RE: official word
RE: official word THERE ARE NO PLANS TO DO A PRIVATE PLACEMENT AT THESE PRICES
When I spoke with Glen in Vancouver I asked about the PP and dilution.
He also said they will not raise prices at these levels. In the context of our coversation it was clear to me that management plans were to raise money at higher prices to minimize dilution.
They have money untill may and alot can happen between now and then.
I think the MB upgraded resource will be closer to a million oz added than 300,000 as some have speculated. I also think the drill will be turning at headway one month from now.