RE:RE:Torex Gold Announces C$55 Million Bought Deal Financing
the deal slipped out last week with the timing of the release of the bad news............ thy got to drive it down to $12 bucks, so one way to look at it is that they got a premium to those closes on the 25th and 26th..................... I think in the end it was a good idea to grab some money ...................... the board would have had to decide BEFORE they new the timing of the opening and as insurance it would have saved their bacon had the mine not opened.................... look at it like an insurance policy........ you buy it, complain about the cost................ but you really do not want to collect on it.