RE:GoldMoney Completes C$36.6 Million Bought Deal FinancingAs Jackie Gleason would say: "How sweet it is!"
These fellows know how to work the equity markets. Not too surprising given their backgrounds. But impressive nevertheless. $36.6 million in a couple of weeks speaks volumes about how the Street sees this company and its prospects.
And again gold is perking up nicely, right on cue.
Mark June 25 on your calender. These shares exit their holding period on that date so there might well be some profit taking then. I suspect most of the new buyers are in this for a longer run, looking to $10 or better and not a quick flip.