RE:duh dumb move Couldn't agree more highper. What a horrible Private Placement. Stock is 80% in the money on the day the PP is announced, and the warrants are even 20% in the money already.
Would love to see who participated and got this sweet deal. Mr. Meekison has 15 years of experience raising equity and this is the best he can do?? This is nearly a 30% dilution.
Need to do much much better than this. No wonder this stock wasn't discovered until the last two weeks. The Teck options were not the best deals either since we're on the topic of dumb moves, but at least I could see an excuse there to get the big name mining company involved. No excuse for this PP. Period.
Get it together or find people who can - and do it soon before you miss out on the gold bull market. You do realize we're in one, yes?
Doug