Well, two news releases in one day. That is some change. Actually this is only one news release. The first one is to announce that the PP has closed and now there is no reason to withhold news. Incidently, On dec 4, they announced that the TSX had accepted the first tranche of 10 mill shares, so this one is the final tranche and it is all done now. There are always hidden placees. This is nothing new. A lot of investors wish to keep their participation under wraps, and just as most of us here don't know how much the other has invested, many larger players have the same preference. At least we now know that a few of our directors now actually have an investment of their own money in the company (I did say a few, not all).
The second one is a report on the chrome exploration, and it is good in itself, but remember that in recent releases they have tended to report the chrome separately from the other findings. I would expect that they may come out with a report on Eagle1 deep in the next day or two.
Regards
K