Anyone aware of a bought deal in the making?"They will start to do better when they stop spending money and get some more financing.. They have stated publicly that one more money raise is needed before startup. Also what will help is when the mine plan comes out, they are hoping for October release. "
Saw this post on the Yahoo finance stock board. They seem to have a more active group following this stock. Can anyone cofirm that the company is looking to do another raise.
My gut feeling one is coming. I bought shares in Radisson gold early this week and the next day they did a bought deal. Luckily it was not much lower than the deal.
At any rate I am keeping West Red on my watch list, but will hold off for a while to see
if I can pick some up at lower levels.