RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:South32 Reallocates Arizona Mining Investment to Silver BullI'm not a fan of this deal at all.....Three more of these PP's and we are almost at $10M ourselves for the next 4 years without having to give away the company to South32 in the end. Whoever was posting about us not being able to raise money in this market on our own was on a payroll somewhere, either working for SVB, South32 or more likely Sprott. Notice how Sprott is doing the private placement. He operates behind closed doors and I'm starting to sense he became a billionaire because he is good at managing deals that benefit him and screw shareholders. You are seeing it with AZX and now things will start looking less attractive for shareholders. Legal battles could follow if he doesn't have Tim Barry in his back pocket.
When Sprott comes into a company, it is good initially because it means you've chosen a good company/project, but not sure if a shareholder should stick around long-term because Sprott will screw you.
Ross Beaty is a more trustworthy one imo.