Replies to post #16697 on Value Microcaps Junior Miners

[basserdan]

<<<Great day to buy TRY.TO
Dividend paying Gold Jr announced a private placement (no warrants) to get their third mine going. Recommend you check out the new presentation and consider putting in an offer down near $2C.>>>

Hi Monty...
Am I correct that this PP is limited to current shareholders who are allowed to buy 1 share for each 6 shares they already own?

If so, there's little wonder that there are no warrants for the little guys to potentially benefit from at some point in time.

You mention to consider "buying this near C$2.00" but has this Aussie PP been approved by the Canadian authorities as well?