GREY:NWSKF - Post by User
Comment by
FANTOMASon Feb 25, 2012 9:56am
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Post# 19584759
RE: 43 -101
RE: 43 -101 I agree, caliche, that the PP with it's very favourable conditions (you can tell from "no warrants, well above market price at time of negotiation, no over-allotment, only 5% commission", that NES was sitting in the drivers seat) has greatly de-risked an investment in NES around the $ 3.00 level.
Everybody of the Big Guys knew that time was running out and that there was no chance of accumulating 8 million shares at these prices on the open market.
Therefore they had to accept all conditions that NES wanted.
Still I would like to see more activity on the drilling front now, especially at new targets.
FANTOMAS