RE:Orderly....
Hi Wangotango67, OffMyRocker - thanks both for your replies.
Wangotango67: I've been following MXR for a little while now, but I had not made an account here until recently. Hence my first post. MXR has been part of my portfolio of other shares for a while. I'm just curious to see what the status is. I'll likely be posting on other boards too if I like stockhouse.
I have read your posts as well as others on here. The reason I asked my question is because I saw in the original announcement of the private placement that the plan was to raise up to $2.5M. Now that they have closed it after $1.2M it raises the question, at least in my mind, about how their strategy for exploration could change as a result of this, and where the funds will be focussed given they have two large properties.
Like you say, I can contact the company so that is an option for me. I was hoping to engage a little on these boards with people more familiar with the company and any catalysts. To be honest though, I don't appreciate being laughed at after asking what I thought was a reasonable question. Didn't mean to get such a reaction, sorry about that.
OffMyRocker: I had seen that the first tranche was raised quickly which was promising. If there is a partnership involved with MXR, I could see it being similar to MXR's other deals, like a share-exchange? I think these were part of the Novita deal originally? Looking at the chart I can see that there may be some lacking confidence as of late. Maybe it'll turn around, but we'll have to wait and see.
Have a good day all.