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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25.5¢ |
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Mkt cap ! $66.71M | |||
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