Well, i must say that it was very disappointing that they raised capital at 0.005. Although, this was obviously done last week when the stock was at 0.007 so not as big a discount as it looks today with a 42.5 increase on Friday.
Trading halt is very interesting. Especially since somebody loaded up 6 million on Friday and was prepared to pay 1 cent.
Also, someone put in another 800k so they must believe the story, even if it was "mates rates".
Hopefully, good news, good results and more drilling very soon.
MRD Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held