RE:RE:RE:Insider PurchaseParadigm selling at .93 yesterday. Sean Pownall buying at .93 yesterday. Guess who made the better decision? Guess what I'm doing today. . . .
I saw that Brixton Metals completed their private placement. Pricing was horrible, as is common these days. 13.5 cents for one share and one full warrant. The stock is selling at $.135 this morning. They got about $6.145 million all told. There are no miracles out there when it comes to raising money for exploration. On the other hand, I remember the early days of Tudor when a full 10% dilution was required just to do very limited drilling. So I'm good with whatever has to happen in this sluggish market environment, as long as maximum drilling occurs before the updated resource estimate.