I cannot believe the retracement we have seen on this stock. In fact we are now trading at levels offered in a Feb 2006 private placement?
Today we are much further along as a company since then... wrt Langmuir developement and not to mention the other numerous acquisitions yet here we sit touching .35 cent intraday? Heck we didn't have the cash on hand even then like we do today
So are we becoming oversold, truly undervalued or what?
here's the example:
INSPIRATION MINING CORPORATION ("ISM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 17, 2006
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced February 24, 2006:
Number of Shares: 2,250,000 shares
Purchase Price: $0.35 per share
Warrants: 2,250,000 share purchase warrants to purchase
2,250,000 shares
Warrant Exercise Price: $0.45 for a one year period
Number of Placees: 25 placees