Check this statement out from one of the entities who just participated in the private placement.
Reasons for subscription of shares in Goldrich The opportunity to invest in Goldrich is an exciting and strategic one for the Company as it enables the Company to acquire a meaningful stake and thereby support an early stage gold explorer in an established jurisdiction at what the Company considers to be a low entry point. Gold remains a target commodity for the Company and an increased exposure is sensible in light of the continuing economic uncertainty associated with the European and American sovereign debt levels, together with ongoing inflationary concerns throughout China. Representatives of the Company have cultivated a close working relationship with Goldrich management and due diligence has included detailed technical and commercial reviews and a site visit. The Company is optimistic that, following Goldrich’s successful exploration program and the proposed listing on a National Canadian Exchange (Toronto Stock Exchange or the TSX Venture Exchange), it will achieve an attractive return on this investment. The Directors consider the above-referenced subscriptions to be on normal commercial terms and in the ordinary and usual course of business of the Company. They believe that the terms of the subscriptions referred to above are fair and reasonable and in the interests of the Company and the Shareholders as a whole