GREY:AVGCF - Post by User
Comment by
AdamJTon Dec 23, 2011 9:01am
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Post# 19348111
RE: RE: RE: John Begeman on BNN
RE: RE: RE: John Begeman on BNN While I don't think it would be solely on cash flow the potential exists to finance against future cash flow via a hedge. As for dilution I'm not gonna complain if POG goes up above $2k and our share price is substantially higher and they issue 25 or 50 million shares at $4 a pop. You don't have to look any further than other growth producers to see we are in line on the stock float. Floats are only an issue if it's "free floating" with little institutional support leaving the share price purely at the mercy of the market. Personally I'd like to see the resource proven up further before moving forward into studies.