I understand your concern but several of my pennies tried to raise the money from their shareholders but failed and then the sp plummet like the stone such as ORO, SWG, GPN, and so on.
What you complain could be understood but I do think the credit crisis has put all of the pennies at the corners. GPN board may not be good one but they should not dig the grave for itself if possible.
Looking around you would find not just GPN in trouble but nearly all of resource pennies. Do you know JRV shareholders even try to remove its board and put its MD into the court. It is a crisis biggest one in 70 years.
I am happy somebody still be happy to put money into GPN.
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greater pacific gold limited
Ann: Capital Raising , page-19
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