Re: special!
in response to
by
posted on
Nov 30, 2011 09:31AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Skier, you so do not get it! If I buy shares in the open market the money goes to another investor. If I exercise my warrants, the money goes to the company's coffers and extends the time before they have to go to market to raise cash. The company can scream all they want that they have a year of cash left but Frank is too smart to wait till he is broke before raising money. They will raise money within the next 6 months IMO. If our share price is still in this area, that will be highly dilutive to everyone here. Unless the company comes up with stellar results, it will not be hard for the vultures to keep the price down so they can rape the company later. Add to that the theory that T1/2 may have a swiss cheese distribution making mining it more costly and you can understand why our share price is where it is.
As for me selling and you being stuck with shares, nothing to do with greed skier. It has to do with making money which is what all of us are here for. Blaming someone else for your investment decisions reflects more on you than me.
Glorieux