Replies to post #12449 on Value Microcaps Junior Miners

[ksuave]

Added to GBG.

[stock_peeker]

GBG: Selling on the news of Public Offering (like you said, no price given, so it makes better to buy in PO w/ warrant, vs. buyihg today w/o a warrant).

AGT: Selling on news of completed Private Placement (share prices to banks are very generous; creates potential long-term overhang on stock price).

GORO: Just drifting down on something, perhaps just due to weakness in overall mkt, including the gold miners (with gold price/oz inhibited short-term by $1000/oz psych barrier).

SMC: Just acting sucky (stuck in an arbitrage channel governed by CA$/$US rates and 1.28 BTO.to to be paid per CSM.to share.

These "horsemen" appear somewhat disoriented on this day, as they seem to have limited control over which way the horse goes for now.

JMHOs,
'peeker

[cartonet]

GBG: This is dumb. What´s the purpose of announcing a PP without stating the prices? Nice way to kill the stock price

[teomax]

just two months ago someone on yahoo board called company and asked them about financing:


"6. How much additional financing would be required in 2009? Answer: An additional 76 or so million in addition to the 51 million just announced. The new 76 million would be all debt. He was not sure of the terms."
¨
why do those miners literally fuck with shareholders all the time? i know bad times, banks probably doesnt want to lend...but when one compares them with GORO, they are totally different class.