I know it may drop initially towards the cap raise price but to raise $11mill means that those in the know are pretty confident that there is something worthwhile to come from further exploration. Not easy to raise this cash for a junior unless the chances of success are pretty high.
I think this will go back up in no time and sooner than most think.
Ann: Firm Commitments Received for $11 Million Placement, page-5
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Mkt cap ! $68.93M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.0¢ | 29.0¢ | $109.8K | 376.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 74374 | 29.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 29000 | 2 |
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