Originally Posted by
moosie_900
If there is no further dilution then the rights lapsing has a price-neutral effect as it was an unknown as to whether any would be taken up and wasn't priced in to the SP. Seems a bit ridiculous if we can't get this small amount of capital for a company that's going to be cashflow positive in less than 12 months. However, as I have said before, gold is still a very hated commodity and it is testing serious support right now. There is a real risk here that PoG could collapse quite dramatically if $1180 USD falls through...