RE:You are wrong mrSly. Listen to crux investor interview.I might be wrong but tell us where in the video you mentionned you heard that? next is
long term debt financing and no share dilution... Here's the video of the crux interview... no new dilution except for the existing options and warrants...
https://youtu.be/-lLTj4FImxg?t=501 and the french banks interest rate is about 8% as mention here
https://youtu.be/-lLTj4FImxg?t=2070 good luck
ps what have you heard of sportt with orezone? you sure you're on the right stock board?
when will you double your position?
drunk@noon wrote: Ceo said the equity raise portion of the cap ex would be 50 million, minus the 20 they recieved from sprott financing. That means 30 mill us. Thats 40 mill canandain. Considering they gave sprott 1/2 warrants, that means another 60 mill shares fully dilluted. Still makes the stock cheap on a per share NAV basis based on 1750 gold, let alone 1900 plus.
What makes you think there will be no more dillution. I would double my holdings tommorrow if I wasn't expecting the dillution with the debt raise.