Cerro De Pasco Resources Inc C.CDPR

They know exactly what they are doing

[GoldfingerU3O8]

All the drillholes must be complete by now. 
2 Weeks ago they wrote: "Assay results for additional drill holes are expected to be provided in the next 2 to 3 weeks." If the drill results have been received - and I believe this very strongly - a potential investor would most probably insist to know the results. Otherwise he/she wouldn't invest. 
If they are fine buying this for 30 Cent and I assume that they know more than I do, than I'm fine to keep my shares at 30 Cent.

[stockbullied]

But if they have results and they are positive, why not let sp climb more, then announce financing at a higher price?

[GoldfingerU3O8]

Your mindset requires honesty, integrity, shareholder oriented thinking in the Canadian stock market.  If you find them, pls tell me. I see a lot of greed. 

[Floridas2000]

As an investor buying in at 30c makes a lot more than at 60c.  Let's say the stock goes up to $3.  Those 30c make a huge difference.  And for CDPR, even if they don't need the money right now, it doesn't hurt to have excess and increased interest.

[BueBoy]

This raise is all funds/institutional money so money now plus more coverage, and likely they will add over time from the market.