It is interesting this part of the Ann "A total of $225,000 in...

It is interesting this part of the Ann "A total of $225,000 in the placement was subscribed for by Black Rock Mining board members and will be subject to shareholder approval at the 2016 Annual General Meeting.".

So they get the CR out of the way as it starts to weigh on the share price, directors pick up a few more shares on the cheap and then start releasing news so there is another real bounce in the value. It might be a little more dilution but a CR straight after the results would stall the share price again.