OTCPK:PSPGF - Post by User
Comment by
jesse18on Jan 04, 2006 10:40pm
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Post# 10114872
RE: regarding "Dilution".....
RE: regarding "Dilution".....
I have PGM's Warrants list with me and the next set of warrants are coming up June 25th 06. That gives us six months of clear sailing. Also, a good number of the warrants coming up over the next year are held by some large institutional type of investors meaning they won't necessarily be selling free trading shares to pay for them.
I have a little trouble understanding why Casey doubles our outstanding shares from now until production? Warrants being exercised, grant money and debt financing already arranged?
I think 150 million would be reaching.