This shouldn't come as a surprise, at least to those of us who attended the AGM. There are so many different opportunities for this company to both enhance their resource base and increase production levels, that raising capital to fast track these seems like a no-brainer. It takes money to make money remember, and 30 million shares is not much in the big picture, especially when you consider we just have about a fifth of the shares out that Goldcorp has, and still less than Osisko.

For years I've been telling my gold bear buddy what a great opportunity this stock was, and he would just laugh. This afternoon his broker called him and now he's all over this stock and feels he can't go wrong buying san it this price, as it has pretty much set the bottom.

So if you're wondering what's going to happen to stock price tomorrow, we may see a lot of new investor interest in buying those sub-$4 shares some of you are prepared to sell at with this news.