trading halt, page-172

paprika

apologies if your post was not intended as a down-ramp.

to answer yr question, sprott is one of the highest profile asset management businesses for precious metals in the world. of all the micro caps operating in all the countries in the world, they have chosen to make a substantial investment in BGS (and at a 30% premium to the recent trading price). imo that's a very powerful, independent endorsement of BGS potential.

also many, including myself, were expecting the placement at a discount to the market price, i.e. circa 1.5c. that would have been a short term handbrake to s.p. growth as some short-termers who bought at that price may have taken a quick 10% to sell at 1.7c or 1.8c. the fact that the placement was actually done at 2.1c will hopefully provide some support around that price.

and there's still the strong fundamentals that do not need to be repeated ...

why do you say it's a "sell on open"?