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Recent Financing
posted on
Nov 04, 2007 05:31AM
from Sedar:
continued Mr. Oliphant. “The equity financing in early October of $33.5 million provides us with additional financial flexibility as we seek out new investment opportunities.”
It seems the recent financing, as expected, is more than for general administrative expenses but is in fact for going after more gold reserves/mines. Can only result in higher stock prices in the near term.
