Personally I am happy to see funds raised now to proceed with drilling the silver targets at Bluey's and Inkheart.Management have done the right thing and offered existing shareholders a chance at the same terms as the sophisticated investors get.I note too that much of the SPP is underwritten and that no one is getting any free options.I hope to see some drilling at Virginia and or the Royals on some copper targets as well.It's the copper that sets CXO apart from other silver juniors.Decent hits of both silver and copper will change the future of this company.
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