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Good to see that the shares were sold higher than the current PPS.
It is the largest financing Grizz has done since 2-3 years.
Let's hope for good drilling results.
Arycks
http://nancymassicotte.blog.com/2010/06/18/griz-and-team-at-greenwood-project/
"Griz, Mike Dufresne and geo team have been at the Greenwood Project for approximately two weeks. They have been doing geophysic work, sampling and assessing drill targets. Drills on the Copper Mountain target may be turning as early as this Monday, June 21st!!"
Good to see some update.
Arycks
Good to read some posts.
All the longs are keeping their shares tight. I am wondering how many % of the float is held by insiderd and long-terms investors.
Let's wait and see if the Griz story becomes a reality. The next drill results will be interesting to get.
Arycks
Yes, very impressive. It would be interesting to understand what drives the purchase. simply the low price or very good business prospects.
Good luck,
Arycks
Merit Mining (http://www.meritminingcorp.com) got financing from Asian investors to restart operation.
They have a small mine in Greenwood.
See PR at http://finance.yahoo.com/news/Merit-Mining-Corp-Closes-ccn-2172053152.html?x=0&.v=1
Good to see something happening in Greenwood... It would b egood to have an Asian putting also 9mln$ on the table to buy a stake in Grizzly...
Arycks
I agree. We can only wait and hope the drilling results will be good.
An update or message from Griz would be nice. I used to like the audio broadcast he gave every quarter on Agoracom.
In my point of view, ths black-out and the PPS decline are not very reconforting... let's have some patience!
Good luck,
Arycks