HAV 2.08% 23.5¢ havilah resources limited

I have never seen a stock issue 5% of its capital at a 100%+...

  1. 25 Posts.
    I have never seen a stock issue 5% of its capital at a 100%+ premium and at the same time get a JV commitment to spend $12 million ($3m min) over 5 years on exploration for 60% interest in properties and price not move.
    This is a case of market not appreciating the deal or there's more to the deal / company history than I have seen.
    Fill me in fellows.
 
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