PRW 0.00% 0.1¢ proto resources & investments ltd

i'm rubbing my hands together...Well, i bet prw will be wishing...

  1. 27,598 Posts.
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    i'm rubbing my hands together...

    Well, i bet prw will be wishing they had held off their cap raising, to higher prices that will unfold.

    I would like to see them do another raising when the sp takes off,

    lets say the sp rockets to 20, 30c???

    thats when you raise, and bring in serious dollars.

    But what are the limitations on new capitol?

    I would like to see the company get some serious bucks into the coffers for development of barnes hill, etc. and further exploation expenditure.

    the current raising is for 1 for 3, at 3c, 30mill shares = 1 million raised approx. (you can bet it'll be fully taken up now)

    Do the same at 30c, and its 10mill.

    anyway, i hold prwoa oppies, so along for the ride atm.

    These new options (with the current raising), 5c, will be basically thrown in sentiment with the heads, they'll trail that close, (not listed yet)

    so when it takes off, the leverage will be for the existing supply of oppies.

    PRWOA 30c strike 2013.

    PRWO 20c/25 strike?? 2011

    Get some of those for a couple of cents, and hold on IMO

    opportunity will be fleeting monday, the suspension has wiped the sell orders, and it comes down to who sells into news, i suspect will lose on this one.

    this is one for the little guy.

    Go little 3mill little mc proto!

    cheers
 
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