GREY:AUAYF - Post by User
Comment by
grumpymonkey007on Mar 19, 2008 10:24pm
250 Views
Post# 14751689
RE: Lien
RE: Lien"Question is if financing on favourable terms is possible or not"
Agree, I have been saying that for 9 months but I'm a basher...
grumpymonkey007
<strong>Reputation</strong>: A calculation of the weighted quality, performance, and participation scores on a scale of one to ten.</p>")">2
10/6/2007 8:21:59 AM | No Recommendation | 7 reads | Post #15759885
"That is not the issue. The issue is how isAdanac going to raise over 600MM without severely diluting the numberof outstanding shares or adopting significant debt on unfavorableterms.The issue is how much is the stock is going to be worth once Adanac isin production. Why buy now when you don't know if the company will, forinstance, end up with triple the number of shares or 40MM in interestfees every year? Why would one buy now when their is so muchuncertainty in the ROI?