Enough Is Enough With Private Placements For the last few months, Signal Gold has entered into one private placement after another.
Now investors are paying the price for it as their share price has dipped to well below 25 cents a share, but yet the company doesn't care.
Its time for Signal Gold to have a moratorium on private placements and other equity financing forms, and focus more on debt financing which is much cheaper and lowers required rate of return.