"....Considering the current market we are in the close in AGO was extremely positive. Seems as though there is strong support for the stock around $1.45...."
I agree....there was certainly plenty of support around the placement price.
Whilst we still might see some weakness in global markets, it's all little more than a distraction. China's index setting new highs today seems to make a mockery of all that - and I'm sure they are aware that the US is their biggest trading partner, yet their market activity seems to suggest that they are not at all fazed by the noise out of the US of late...no surprise though, they're smarter and not as easily misled as us in the western world.
Plenty of cash, a good resource, and earning cash in a year's time or so....all looks good to me.
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