AbraSilver Resource Corp. (ABBRF)

[ThSeeker]

Here is my take on this funding.

1) I want them drilling. So Dilution for a good purpose is good. Better than not drilling. The likelihood that the drilling will significantly increase value is high.

2) I Like it is private deal rather than dumping share directly on retail market.

3) warrants set to over 90% of current price is a good sign of much higher PPS expectation.

I hear the offering is sold out so it must be considered quite attractive.