RE:RE:RE:Dundee: Buy rating and $1.00 target for Excelsior Mining
I believe the stock should trade at lower 20¢ or high teens range. Similar fund raised by stock offerings for Allan (AAA.TO) and TIMMINS (TMM.TO), raised the SP for a while and price come back down soon and in case of AAA.TO the price didn't even make to the offer price but price is in free fall mode ever since . The problem with kind of financing at this stage is problematic because it is very dilutive nature.....hence large number of shares