Definitely good news here. Two things will advance this company IMO, an increase in the price of gold and/or an increase in gold reserves. With this premium priced share issue and upcoming drilling program, and an uptick in the POG, we have made some good progress on both fronts during the last 24 hours. Also worth mentioning is the great vote of confidence by the investor taking 10% of the company at a 22% premium. Well done management.
BNR Price at posting:
4.8¢ Sentiment: LT Buy Disclosure: Held