TSXV:AUN.H - Post by User
Comment by
billioncubicfton Mar 29, 2013 4:42pm
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Post# 21185973
RE: RE: RE: Congraulations
RE: RE: RE: Congraulations correct Merimat . . . he could, either way he'll be back up to 100 million shares rather quickly . . . The reason for a PP however would be to provide some kickback to institutions who have provided past assistance to Lenic.
So many on this board wonder why the predictions for a PP . . . bascially because there is no need to have such a drastic rollback unless you want wiggle room to issue more shares. (which is a bit bizarre since they are making money and still have plenty of work to do) Perhaps it is simply to allow for issuing another 40 million options to the insiders . . . lol let the AUN stockhouse fireworks begin.
btw, I once posted the idea of flying in for the recent meeting from Calgary but logic prevailed and since I don't have millions of shares with which to influence Lenic . .. I decided to put the expense into some bullion rather than wasting time and money. I'll buy more AUN when they have proven ramp up at Shafter and the share price is under $5.