RE: RE: RE: IIROC Forces Rokmaster's hand!!! Kazaa - Not pumping, just telling everyone to do their own in depth DD, rather than listen to a random basher on here who does no research and posts negative comments with little to support it.
And I agree, everyone's intentions, including my own, should be questioned.
I agree that it would be nice to have AMG raise the money alone, but how would they raise $20+ million in this market with the stock at .07? The company would be 400-500% diluted - which means BOTH properties would essentially be diluted by 75-85%. In the case of RKR, we only dilute one project 50-75% and get someone else to pay for everything, get over $4 million in cash and, in the process, get ZERO dilution on Red Mountain. It's not ideal, but definitely the lesser of two evils. Doesn't that make sense to you? Give me a viable alternative in this market.
The market cap has little impact on ability to raise capital.
Have you seen the history of the management of RKR? Did you see what happened to Rio Alto over the last 2-3 years?? Do you honestly think that type of management pedigree is going to have trouble raising money??? Let's just watch and see what happens. You obviously know what i think.
Also, I understand your point about the board thing. I like that our CEO will sit on their board, meaning, he'll have to vote on all RKR company decisions, which will impact our company...which is why i like it...and will protect us. And...AMG's CEO purchased almost 2 million shares of AMG at .09 in the last private placement (less than 2 months prior to announcing this deal). Do you honestly think he would've done that if he was all about supporting RKR? If his intention was to join RKR, get a ton of stock there and make a lot of $$, he would've let AMG get to the point of having no cash and just sell Pinaya to RKR for nothing. Does that make sense?