Agoracom: Small Cap Investment - UC Resources Ltd. - Re: NEWS - UC Resources Arranges Private Placement With PowerOne Capital Markets Limited

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Old Joe

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Re: NEWS - UC Resources Arranges Private Placement With PowerOne Capital Markets Limited

posted on Oct 18, 2007 07:50AM

More usual is to release news on a project after an announcement like this and before the PP goes through adjust the PP share price to reflect the change in SP due to the news release. In this case the SP should rise with any Grades reported over >5%. Let's see what happens in the next 3-4 weeks.