each one of their cap raisings have been for big numbers...I think that is the big concern, that they could be so wrong after such a short time. A further concern is the low asking price they got this one away for; when these rumours started the sp was up at $2.80....so to do this raising at $1.90 is a huge discount. We sure didn't get away unscathed on this one. They have also now set the market up for the question: when is the next one? Investors are going to be gun shy of ORE for quite a while now.
ORE Price at posting:
$1.96 Sentiment: Buy Disclosure: Held