RE: Short term...
What is not funny is the ability of the 'funders' to drive the shareprice down to secure cheap shares for their 'bought' deal. Acting on insider information? Manipulating the price? What do you think? Since when is it a "requirement" . There are other methods if the company was against the wall. It wasn't. A rights offering would have been nice. Granted this is the easy way besides who would loan money to a company with all that gold in the ground? And CIBC is not trading shares in its name this morning, Anonymous is very busy though. I was wrong about accumulation being the plan, let the obvious slip by, they were setting up a financing. A bought deal at 1.30 is a better way to accumulate. True the burley boys like us, they went to a lot of trouble to set this up.