TSXV:EGA.H - Post by User
Comment by
ticktalkeron Mar 20, 2006 5:04pm
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Post# 10532740
RE: Vivian's comments;
RE: Vivian's comments;Amerix has stated that they expect to spend 4 million on drilling this year. They have nowhere near that amount of cash. So, Diawa is correct. I do not question their ability to raise this cash, my only concern is how much dilution will occur.
I agree that novice investors often make the mistake of selling early. You have to be crazy to invest in a stock like this unless you're expecting big returns. That being said, the other mistake novice investors make is to not take profits when they are there for the taking. I personally would rather sell too soon than too late.
TT