Ignoring the price action, what triggers your concern about Coyote and Paulsens? From their updates, it has been excellent, bonanza after bonanza.
To me, it is just a massive dilution that the market needs to digest. And gold price today not helping either, but if you were to assess the results/grade without knowledge of share price, I don't think your concern is valid. Yes we are wited to that $ price action and it dictates all, but take a ling view and look at the quality od the assets and management.
Ann: $60m Funding Package to Drive Black Cats Vision, page-64
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