Lumina Copper Corp LCPRF

RE: RE: RE: lumina captial lens lumina copper 10 m

[yopeace12]

There are a couple of possibilities in my opinion.  First, and most likely, it is simply an alternative to issuing more shares now.  They know the company is worth my than it is currently trading for and don't want to give away cheap shares.  I suppose Lumina Capital could just take down all the shares but that might upset people.  However, being that they will need more cash to operate they are going to need to either get another loan, like you said, or issue more shares shortly.  They did the same thing with Anfield Nickel, another company they own 35% of and operate.

Another possibility is the one you suggested about already having a buyer, that would be nice.