Post by
YourNadir on Nov 10, 2010 12:14am
Raising capital?
I have been eyeing a position in HLO for a few weeks. Today's surge was tempered by a general market pullback and it may give me an opportunity to jump in soon.
My only concern is whether Halo will have need to raise money anytime soon because they have little cash in the bank. Is there a likelihood of dilution of their small float in the near future, or are they essentially sitting tight, waiting for a Hudbay buyout?
Comment by
guerreiro on Nov 10, 2010 12:20pm
Agree; However the way the stock is being held back it appears that whatever deal is taking place is around .50 cents. ie; financing, merger or joint venture. I will just keep buying on pullbacks and wait for the robust day.Have you noticed that JDM warrants have expired!!!.