GREY:CRMXF - Post by User
Comment by
BudSpudon Oct 09, 2012 2:52pm
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Post# 20465322
RE: RE: RE: RE: No Cash = DILUTION
RE: RE: RE: RE: No Cash = DILUTION Have to laugh at your response. Not only do you lie about what I stated you have to resort to child's play, too. I suppose it's understandable given your inexperience in the markets. Don't get married to one stock as it will often burn you, like CMA obviously has. Spread you wings....... there are other stocks out there...
You can't just keep HOPING for better things and ignoring fundamentals when they are obvious. The blatant clear facts are that CMA has not proved up a resource that is worthy of a higher share price and in the process they went broke. They have a very high outstanding share count and they MUST dilute the current shareholders significantly in order to ATTEMPT to better their NI-43101. When the stock is at 5.5 cents and we're talking MAJOR dilution it's clear that the share price is not going to react positively.