InvestorsHub Logo
Post# of 4975621
Next 10
Followers 3179
Posts 208744
Boards Moderated 2
Alias Born 02/04/2004

Re: MRCapital post# 843814

Monday, 12/18/2006 11:47:00 AM

Monday, December 18, 2006 11:47:00 AM

Post# of 4975621
Found this on PGLA yahoo board:

Halted again...

This time pending an announcement about a private placement of shares. I'm guessing these are done close to prevailing market prices.

Could this be a strategic venture of which the placement is a component? That would be the best case scenario.

The letter to ASX gives no details other than a capital raise.

http://www.asx.com.au/asx/statistics/ann...

My gut is telling me this is BIG news!

"Never buy or sell based on anything I post - my posts are just my opinion"

"I like ridin' lightnin' - rely on no-ones due but your own"

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.