Sweat if they raise the placement, how long will it last? They could be doing this again in the new year? They will be drilling right and that eats cash. Along with the lab work. The markets look like they will bleed into the new year. Until they get the Europe under control cash will be king for many for stock equities. The lack of volume is yelling in my ear here but we will see. Many parameters here with the stock price and as I pointed out before even the MAJOR producers are taking a beating.
This is why I reduced positions months ago and even gold will continue to be under pressure until Europe is solved. Dozens of news releases here and other companies and stock prices continue drop.