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Agave Silver Corp. CRMXF



GREY:CRMXF - Post by User

Comment by BudSpudon Oct 04, 2012 2:59pm
141 Views
Post# 20448753

RE: Good idea to also consider,,,,

RE: Good idea to also consider,,,,

The facts.

Lots of doom and gloom, and for good reason. The sale of shares at present levels reminds me of those trading their US Dollars for gold. Better yet, many are not ignoring the imminent MASSIVE DILUTION coming because the company has no money.

$6,000,000 at .05  = 120,000,000 shares plus a 1/2 warrant = 60,000,000 for a total of 180,000,000 new shares. Add that to the  current outstanding and you see why the share price is going to go down. Further, there is no guarantee that the funds acquired (assuming they get funding) for drilling will actually get better  and more consistent grades.

 

Fact is, CMA is a VERY RISKY investment/speculation.

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