RE:Something big will be announced I agree Nak1964. This $25 million financing is huge for AZM and it's great that it's with Paradigm as they had been buying on the open market and even yesterday were still buying on the open market.
I believe that when JML suggested that they could find 2-3 more Patwon type deposits within those 10 targets that he is fully aware of how many they need to explore further following this drill campaign. I'm thinking closer to at least 5. The 20,000m drilling campaign could get doubled more so if they bring in a couple more rigs in the Fall. Once it becomes clear that they do have other similar Patwon deposits on Elmer (which can only be proven following the results of the next drill campaign), the share price will be much higher and for the same amount of funding (and more) there will be much less dilution. This was well played.
Remember, this has nothing to do with Rex as that drilling campaign is funded by SOQUEM.