Post by
dynarod on Jul 23, 2015 1:14am
RS
If mgmts does a reverse split and the does a large equity financing as part of this proposed financing we will be diluted to oblivion. Mofos
Comment by
EdgarL on Jul 24, 2015 3:03pm
Mr Chamberlain always said he wanted very little dilution and I believe the new management will honour his wishes. I think a royalty at most. The reverse split is a good idea really although shareholders usually don't react well to them. The reverse split opens up the possibility for investment funds to start buying Minera IRL. So I think it's a good move.