I am not impressed with the way that this financing has been arranged, and I believe it just left the door wide open for spec shorts to pound the share price down last week. But on the other hand I decided to double up my position in GPR and did so cheaply, adding a few thousand more shares today. My expectation is the PP will be fully subscribed of course, and while it will be more dilutive and priced more cheaply from the way that it was structured, I think the stock will recover quickly after the shorts are covered and buyers start coming back into the market. So in the long haul I expect GPR to bounce more in line with higher silver prices and the company will be stronger when fully cashed up in this offering. It is short term pain for long term gain. I bought some stock a bit too early last month but I have added a lot more in the last few sessions.

cheers!

mike