Sep. 27 at 5:17 PM
$MYRUF
I've been invested in MYRUF since Aug 2024 and track closely and IMO this is a Uranium Dark Horse...
The recent merger with Rush gave MYRUF the final 50% ownership of Copper Mountain for free (stock swap, No Cash)
BUT, the more curious tea leaf is the recent Bought Deal Financing that was done....
$550K where they brought in a"key institutional investor" (Shares and 1/2 warrants), and then before closing, officers added and bought
$50K shares which included "founders warrants' at 1/2 per common as well.
Why the add on all of a sudden?, why didn't the officers buy 2 months ago with the last BDF? Why not announce it with the initial tender 10 days before?
IMO: There is an imminent announcement coming and its easy money for them.
Note: We've run up just shy of 35 cents. This' where ALL the warrants are triggered to convertible. Dont be surprised to languish here to 40 cents while conversion dilution happens. It sucks, but there is funding that goes to the company as a result.