OTCPK:IVWFF - Post by User
Comment by
NigelDavieson Mar 21, 2009 8:01pm
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Post# 15860990
RE: Financing
RE: FinancingMy first reading of this was the same as yours and the potential dilution is huge. The only thing on the plus side is that the share price has dropped by 90% or thereabouts and I certainly assumed that there would be a financing at some point and that the value of assets would have a sunstantial markdown, partly because of the implied higher costs of transporting the product but also because of the fall in the price of lead. I will sit tight because I have lost so much here already another little bit ain't going to make a lot of difference and maybe, just maybe there will be someting to brighten the light at the end of what seems to be a very long and dark tunnel. GLTA