GREY:BPWRF - Post by User
Comment by
ilovebauxiteon Aug 25, 2009 6:44pm
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Post# 16248959
RE: EXPENSIVE $$ in the till
RE: EXPENSIVE $$ in the tillPenny. The p.p. was an absolute necessity. Money HAD to be raised in order to get the corporate side in order and pay off old debt. That is what the money in the till was for. As well as for future endeavors.........Until a consortium/deal is consummated, this is still a speculative stock, and the subscribers in the p.p. ought to be rewarded for their risk taking.......As penny stated, Balaton is involved with one of the most valuable bauxite mines in Asia.. Penny, have you ever done the math on the value of the mine?......Once the value of this mine is revealed, as well as Balatons stake in all this, I would think that further dilution shouldn't matter too much... ...Let's see how it all shakes out.
GLTA