Regarding the recent news:
Unfortunately Geomega missed an opportunity here by making a terrible headline choice for this press release. Many more people would have read this news and understood the positive implications of the investment by the Cree Mineral Exploration Board had the headline been something more like “Strategic Investment by the Cree People in support of Geomega’s Montviel Project”.
The headline used just sounds like more dilution and such a minuscule amount that it is hardly worth investigating. In reality it’s an investment being made at a significant premium to the market price by a group whose support is prerequisite for smooth project development.