Catalyst Copper Corp. CATXF

We all knew that the funds were running

[fortun8]

low so it is no surprise that a PP was done to patch the company's cash requirement for the next 2 to 3 month however it is quiet a fall from grace for a "dream team" that raised almost a $1 Billion in the midst of the financial crisis on another copper project....$600k at this level should have been done in a form of loan rather than dilutionary approach but we have to be mindful that these are very challenging times for juniors so overall i do not see this as effecting the share structure in any significant way....certainly would have been a confidence booster if they had done the PP at higher levels....this is all my own opinion and i urge you all to do your own due diligence as i have been wrong on many occasions