4.3 % Increase

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Stratopod

Rank: President [?]

Points: 17079 [?]

Votes: 347 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

4.3 % Increase

posted on Oct 29, 2010 03:03PM

NOT had 187.7 fully diluted shares before these PP's. Add 8MM and we now have 195.7 fully diliuted. This represents a 4.3% increase in shares out.

To compensate for this increase, one could also increase their own holdings by 4.3% and not be affected by the PP in one aspect of it.