John Petersen

The Need for a New Security in Rare Metals New Production

Typically private placement investors are allowed to buy at a 10% to 20% discount to the market because of timing, liquidity and other risks. Paying $0.31 today to get a share of stock 'sometime early next month' together with a half warrant exercisable at $0.75 tells me that the open market is over-reacting to the private placement.