I am going to be taking some of the placement. I managed to get some of the 2.5c con note which has some escrowed stock so I won't be going too hard as I already have quite a few.
I am hearing they are on the cusp of some significant news flow so I imagine those that take the placement will be rewarded in the short term. Had dinner with two brokers from different firms earlier this week and both already had millions in interest for the raising without even promoting anything. Clients are legitimately excited about this one and have been sounding out brokers for stock.
Definitely worth a crack - if you can get stock. The guys behind this one are pretty sharp so they will want to look after shareholders. Particularly as I hear GR might have another deal on the horizon. Just speculation at this point but if other investors are like me, future participation is based on past performance so they would want to get it right.
Cheers
Doc
D13 Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
