Tudor Gold Corp V.TUD

pp price

[NamesJeb]

Unless it's someone like Sprott taking the entire placement why on earth did they price the placement 20 cents or more below the mostly rising SP? Isn't the idea behind a pp to offer a large position in the company at a set price slightly above the current SP as an incentive since there's no way you could ever pick up a 7 million dollar position on the open market without pushing the SP well over $2-3? Maybe I'm missing something, if someone can educate me here?

[RocknJuan]

For the past 9 months these MOFOS have been hammerin us with dilutive PPs at discounts to market................................and as a kick in the nuts, they are tacking on warrants!!!!!!!!!!!!  they never use to do warrants!!!!!!!!!!! touch market, but no excuse for this ski slope share price..................who is runnin this thing?????? Im sure Uncle Eric doesnt mind so much

[Jetstream1281]

Definitely games. There are a few making pretty good money off these financings.....To be fair about the warrants though, they have a strike price of $2 so they aren't all that bad. The low price on the financing is definitely questionable. My feeling is they already have someone they've negotiated with (Sprott more than likely) who is going to subscribe.