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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

CANDORADO OPERATING CO > I thought man-prime was prime
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Comment by trader4everon Nov 21, 2008 1:26pm
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Post# 15602086

RE: RE: I thought man-prime was prime

RE: RE: I thought man-prime was primeAs I said: Joint venture !
Why? Simply reason: To avoid dilution!
CDO receives money by GWQ for this JV as well as GWQ is spending money for drills (which has started already !) . Thus CDO avoids dilution, receives money by a partner, does not have to ask a fonds for money....and will be able to use cash for additional projects.

Does any shareholder prefer dilution at $.05 shareprice  ???????????? Tell me!


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