The market is suddenly hot. Here are some interesting details on one of the most recent mega financings, one which will lead to the opening of a new mine in Sourth Carolina (the state that hosted America's first gold rush).

EXTRACT:

Romarco Minerals "...was able to pull the trigger on a C$300 million financing, the largest in a slew of financings that came to the Canadian junior market in the past few weeks. It was well timed with an increase in the price of gold and mining equities in general. Coming at C$0.58/share it will add some 517 million shares to Romarco’s sharecount of about 725 million shares outstanding (according to TMXmoney.com). Alongside a binding $200 million debt commitment with Caterpillar, Macquarie and Societe Generale, it means Romarco has fully fund the Haile gold project as recently planned." [Ephasis added.]

http://www.mineweb.com/romarco-gets-done/