Just a observation I came across.
Many exploration companies have raised funds through placements as such. CQT and NXS are ones I can think of off hand. There are many more
Since the raising of capital there has been significant rises in share price, CQT raised cash @ 35 cents, and NXS raised cash in the low 80's now over $1
Do people look for stocks raising funds? Obviously it means there going into some extensive exploration or drilling, and they are being backed by someone.
For stocks to multiply it would seem capital raising is important.