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)

Free
Message: Re: I own shares of Not---but no but
8
Dec 02, 2010 01:32PM

How is a company supposed to walk into a bank and say our Market Cap is under 200M. Please give me 500M as a loan?

Maybe they will follow it up with: We don't really have any collateral, and oh by the way, if something unexpected happens and we need to raise capital through an equity issue to pay off the loan, we probably won't be able to issue 2.5x our current float...

Share
New Message
Please login to post a reply