Post by
Adrammelech on Mar 05, 2015 6:19pm
Promissory Note
Why do you guys talk about above ground weather for an old underground mine when Dundee is getting $450,000 notes? At least the terms on this are better than preferred shares and Almonty is going to get paid off.... where was that $.35 cent offer, there was never any such thing.
GLTA Longs
Adrammelech
Comment by
chizzles on Mar 05, 2015 8:23pm
Somebody please correct me if I'm wrong but isn't this really good for us? 12% is an extremely high rate but I thought that anything that we got from Dundee would have been paid by further diluting our shares. I think getting almost half a million dollars at 12% is way better than paying them in shares at $0.065 with a warrant attached to it? Am I right? Chizzles