RE:RE:Selling Pressure @1.20sYour scenario is entirely plausible. It might not be Greenstone- any of the companies organizing the funding (which is almost certainly being arranged currently) would have a vested interest in stabilizing the price just so they don't have the deal go of the rails by a sharp upturn in prices.
I see it as about 40M or so shares will likely emerge through financing. It still keeps the float low and the upside is decent. It also reduces operational risk if the debt is kept low. I've seen a few new mines get clobbered by a start up that does not meet expectations and the debt becomes a burden. I just hope there are not warrants associated with the equity raise.
I really also hope we don't get a stink bid at this stage.