GREY:SGGDF - Post by User
Post by
snowtigerrron Oct 31, 2017 7:17pm
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Post# 26884986
PP closed
PP closed$1mm raised @ $0.22 with warrant ex @ $0.32 which is quite a considerable premium on the share price especially since most placements are done at a discount. This is shareholder friendly and the proceeds are being deployed for further exploration on newly defined gold targets in and around the Clavos. The underground drills have been turning for a month near the high grade Kinross zones. Now that both tranches have closed I'm expecting drill news to ramp at any moment and build momentum over the next several months as these new targets underground and in close proximity to the mine are hit.