TSX:LSG.DB - Post by User
Post by
Mongoose123on Jun 05, 2014 10:41am
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Post# 22633119
Share Dilution
Share DilutionA very positive news release for all of us longs but I was disappointed to see that an additional 6 million flow through shares were issued to finance the new $5 Million exploration program. We have gone from appx 416 million shares outstanding to 422 million shares. Given the reported increase to LSG's cash position the additional share dilution was unexpected.