GREY:CATXF - Post by User
Comment by
Burroon Mar 05, 2013 7:43pm
127 Views
Post# 21083252
RE: RE: Crazy Pills
RE: RE: Crazy Pills Fortun8 - Relax.
I'm not a hater, just trying to engage in a realistic conversation about the pros and cons of Teck walking without the pumpers and bashers. Personally, I don't think its good news. I would be as happy as you if they could raise "non-dilutive" financing or even dilutive financing at the $0.15 - $0.25 range you proposed. As a finance professional, I think I understand the various options out there, however, given the current state of the junior resource market and CCY's cash position, don't think many of them are available. If Capstone or some other senior copper player wants to put up $20MM+, I'm pretty sure they could do it for far less than $0.15 per share. Please, someone prove me wrong and I'll gladly eat crow and enjoy the lift in my share price...