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Mosquito Consolidated Gold Mines Limited V.MSQ



TSXV:MSQ - Post by User

Comment by junior_mineron Jun 12, 2009 1:56pm
253 Views
Post# 16066432

RE: RE: anonymous

RE: RE: anonymousCompany insists keep drilling. Shares and warrants are issued to this *hole. He sells it down with newly acquired pp shares to prepare for another round of cheap financing. MSQ management do not understand to refuse diluting when the price is not right.$0$0$0$0Companies that have gone to cash preservation mode have had much better pops in sp lately than those who keep drilling/diluting.  The is no point in drilling when even the best results have negligible effect on share price.$0$0$0$0$0I hope financing with the Asian company has broken this vicious cycle. At least we might be diluting with little higher share price in the future.$0
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