The next cap raising will be done in nth America and I reckon it won't be too far away. Some 6 mnths ago I emailed management questioning the need to list on the TSX. The reply was that is was for regulatory reasons and "we will be doing a cap raising there by the end of the year" to raise the profile of the company in nth America through the placing. The recent sp performance stinks of a cr as well. Any potential investors will want something in it for them , hence the price being driven down and the placing will probably be done for the TSX at around 25 or so I'd say. AIMO only. Except for the quotee from managment.
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