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Sunrise Resources Ltd V.SHI

"Sunrise Resources Ltd, formerly Candorado Operating Company Ltd. was incorporated under the Business Corporation Act of British Columbia on August 4, 1992. It is a mineral exploration company focused on copper and gold in the Quesnel Trough, located in central British Columbia. The Company's properties include the Man-Prime,Timothy Lake, Moffet Creek, and Eldorado properties in BC."


TSXV:SHI - Post by User

Bullboard Posts
Comment by RogueWolfon Aug 16, 2013 2:23am
99 Views
Post# 21675321

RE:Approx. 50% dilution within 1 year

RE:Approx. 50% dilution within 1 yearDilution is a fact of life when investing in the junior mining industry my friend...its how they get cash in the bank.

50% is steep...but what with conditions across the Venture, this stock isnt the only one.  I think theres gonna be lots more consolidations coming down the pipe for lots of companies in the near future.

Rogue,
Bullboard Posts