IMHO, it's a VERY BULLISH sign that Canaccord has taken its fee...

IMHO, it's a VERY BULLISH sign that Canaccord has taken its fee in options:
Canaccord Genuity (or its nominee), as Sole Lead Manager are to be issued 35,000,000 options at a strike price of $0.03 expiring 3 years from the date of issue.
They could very easily have taken a standard 6% fee ($300k) yet instead have taken out-of-the-money oppies.
The stock needs to get to AT LEAST 4c for this to have been worth their while.
These guys are very astute & I believe have a very good idea about the imminent drill results.
I suspect they'll shake the market out over the next couple of days before the stock moves higher.
A good accumulating opportunity.