A CR may well be a defining moment as it will draw out any interested parties as potential cornerstone investors. Sprott, Kirklandland, Novo are all staking strategic positions in aussie exploration company's as a direct result of the emerging bull trying to unleash itself in the PM sector.
Sprott just wrote a cheque to Silver Mines in their recent raising, at the height of the conglomerate frenzy AVR got the Sheik and those stocks bounced straight away because of it. This will be the real and perhaps final test of management now, can they come up with a true sophisticated or cornerstone investor that will ignite the market and display our assets in the ground have true value or are they destined to remain in ground for ever and its time we all move on ? Based on Managements current form to be honest I'm afraid of the answer to that.
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