Post by
canadian0308 on Dec 21, 2012 10:30am
Stupid capital raising
Company has $7 million by Sept, and now they are raising another $10 million (1 free share + 1 option) at this market bottom(in particular to tax loss selling)??? Smell like crooks trying to offer some business to Dundee Securities (Dundee Precious Metals holds over 50% of Avz)....
Comment by
ValueCat on Dec 21, 2012 11:29am
it's either this, or whither on the vine. book additional resources to get on the map, sort the metallurgical issues and position for corporate sale, in (hopefully) a better resource equity market in the coming year.