Private Placement Price and Timing Don't get me wrong, I'm very happy that we finally got the permit that we've been waiting for forever, but does anyone else have a problem with this PP announced the same day as the permit announcement.? Firstly, what is the 300k from the last PP only a few months ago and the other 300k from the graphite property sale just a few months ago being used for (300k for each is not exact for each of these, but pretty close from what I remember)? I thought that would be enough to get started with mining at Beauce. Secondly, UBR management waits until the permit is announced to announce a PP at 6 cents a share with warrants at 10 cents as icing on the cake? No wonder "It is currently anticipated that certain insiders of the Company will be participating for greater than 25% of the Private Placement." So, IMO we will sit at 6 cents or thereabouts while the PP is filled and maybe for some time thereafter. If they had waited even a few weeks to announce the PP I think the stock price might have been closer to 10 cents, but then they would have had a problem issuing themselves shares at 6 and warrants at 10. Well, I guess that's about all I should expect is to pick up the crumbs after the insiders have gotten their fill. I've invested close to 70k in this company and at this point I'm not feeling any respect for my longsuffering patience as the stock price tanked and they rolled us back 4 to 1. All in my opinion only!