RE:Talking about lipstick! Statistics show that about 40% of the equity capital raised each year is for acquisition/investment. In 2014 the percentage was 35.24%; in 2013 it was 44.42% and in 2012 it was 39.46%. Equity numbers include sales of common shares; trust units and convertible debentures. In 2014, there were 486 such financings raising a total of $40.437 billion.
Primero's use of the upcoming injection of cash could be any number of things from exploration and so on?