fwiw, frajoh, I doubt that any prospective placement holder exited this week. Volume was very low. But yes, the updated research report on Mon followed by this morning's annc was very, very uncool. You can't blame Torey for trying his level best to encourage the sp up tho'. If the terms of the placement are a 20% discount to 5 day vwap, then the company would receive more capital for the issued shares if the sp got a kick along. I don't think it was sinister, but I do feel annoyed that I bought on Monday only to get lumped with the annc this morning. Also, not happy with the dilution of my holding. 100m shares is a lot!
Btw, a few "I told you so's" on the daytrading thread this morning. Well, we'll wait and see what happens. I remain ultra bullish on EHR based on the strength of the Copahue project which is looking more and more possible with every announcement (even this one).
EHR Price at posting:
1.5¢ Sentiment: LT Buy Disclosure: Held