$1.30 a share I don't think is too bad, if they raise 15 million thats around 11.5 million shares. As a few have mentioned Rob and the team have to take in the factor that they will need money for a huge drilling project and I believe this is a good time to raise.
There may be a little dump but overall I feel we will see $2.20 end of Feb, with some big results.
GLA
Ann: Trading Halt, page-126
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Mkt cap ! $62.75M | |||
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