Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

Free
Message: Share Swap for 17.5 Interest in CHM

Hello MaCloud,

I appreciate it, every time you’ve given us your opinion, which you’ve gone to the trouble
to document with statistics and other facts. Thank you.

Just one thing I don’t get (in your last message): What you’ve called “the paramount
importance to ensure to put the dilution limit on future share issuance by CHM.”
I don’t understand how this, realistically, could be done.

Certainly, getting a 17.5% guarantee is not in the cards. On the one hand, without a doubt,
the newly capitalized company will, at some point, need to raise money. We will have the
benefit of what that money does (as do the shareholders of the other 82.5%).

On the other hand, we should not expect (nor will we ever receive) the benefit, until the end
of time, of 17.5% of every dollar ever raised given to us for free. So, how do you propose
your anti-dilution idea be enforced?

Share
New Message
Please login to post a reply