RE:RE:RE:Down?I think when one raises $50 million the odds are extremely high they are good for the $10 million within a few days of closing. Mark has a strong relationship with Auramet to raise $10 million. Planting panic posts to get your $2.50 buy order is pretty lame.
DrNo1962 wrote: BTW Auramet $10M US loan is due tomorrow Apr 5 - assume this will be extended as they currently do not have cash to pay - surprised this wasn't addressed in today's press release.
DrNo1962 wrote: Cheerleaders here will think I am bashing but I am not - just calling it like I see it and I have yet to see a release like today cause any momentum in CNC share price - more often than not we see what we see so far today - low volume 100 share flipping. IMO for some reason over the past 12 months CNC seems unable to attract sustained momentum or volume. Why? I have my theories but until I see this change I am happy to watch and maybe have opportunity to buy lower. Will be watching for financing to close - still not convinced cheap flow-through shares will not cause price prussure into $2.50 range over the next 2-3 months.
DrNo1962 wrote: Woudl not be surprised to see this trade down on the day... hopefulyl not... we'll see.