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Gold/Mining/Energy : North American Nickle
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To: RMF who wrote (109)5/9/2014 2:22:07 AM
From: ayeyou  Read Replies (1) of 257
 
I agree with your thought 100% . The timing of the PP would allow for results of the Crones to be known to NAN. Not only did Sentient jump in for a PP with a minimal discount to last thirty day average share price but they also took it without warrants. On top of that you have VMS ventures also obtaining a non brokered PP so they can take part in the NAN PP. Interesting that in these tough times for venture stocks to get financing NAN and VMS had no problem filling the PP at a minimal discount.
I have been trading for a while and I must say I cant remember ever being so happy about a company doing a PP. These guys are true professionals who didnt discount the PP 35% like most others do and they didnt piss away millions of shares paying off brokers and finders fees etc. I am very happy to be a NAN shareholder tonight and will be expressing my approval of this PP by buying another whack of shares tomorrow.
By all indications NAN has something very special going on in Greenland and now they are fully cashed up for a very intense and thorough drill program. I can not wait to see what that Crones Deep EMS survey has uncovered. Exciting times we are heading into!!!

Edit , I forgot to mention that VMS PP price was also at or near market price. FT units .30 reg unit .25 share price today .27.
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