GREY:MLKKF - Post by User
Post by
leakeybillon May 07, 2006 6:32pm
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Post# 10799290
Dilution
DilutionIf Mercator can really hedge their production now into 2008 and 2009 would that not be a better way of getting the money for the mine expansion rather then floating more paper. It looks to me that forcing the call on there warrent they are already trying to prolong their need to approach the market for additional capital. If proper hedges were in place would it not be prudent to finance the whole thing.