Doesn't mean that the stock isn't a good buy now. This article you present is one month old, so one has to try to find out the current O/S count. Now the company states, they used funding to make this mining property purchase. Also they stated from this early January article that they are looking to fund in stages, so until we know how much has been added lately, or whether funding is now complete, it still gives the stock a good possibility to bounce back hard tomorrow, so this might actually be a super buy in the morning.
(This secondary capital raise follows management's objective and strategic expansion model which calls for funding to be completed in stages more suited to organic growth.)
Also the amount the company states they intended to raise was $250,000. This process started in December and January, so if they are true to their word, the stock could valuate up again towards .30-.40. At least the company was honest about it. All companies raise funds at some point. You'll see how it stands tomorrow. Just wanted to help give a more complete picture since you brought up a one month old PR. I like my .13 buy-in.
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