We are about to see a whole lot of financings get announced.
Bought deals, private placements, non-brokered, you name it. Therefore here’s a piece of advice, free gratis and for nothing: If you feel like going for a spec buy on a beaten-to-crap junior exploreco don’t let dumbasses like me stop you, but do yourself a big favour and check your prospect’s treasury position first. If it’s a high risk/high reward set-up you wouldn’t want to jump on the horse that comes to a sudden stop, you want the one that’s free to keep galloping into the sunset.
Just sayin’