RE:RE:New Press Release - Discovery Silver Announces $45million Marketed Public OfferingGot that right! Make sure their buddies and friends get in on the cheap financing. Having said that the silver lining I see is they have no reason to cap the sp now after the financing is done. So we may see the sp start to really go up soon as it should of done. Hope it really takes off now and no more dilution!
Just sucks imho to do such a major financing when we have the cash in the bank already. Let's hope they use this to really expand drilling and exploration now with 8 drills going instead of 4. Other than that why do they need to raise that much now? Would be interesting to hear what management says about this.