GREY:AGDXF - Post by User
Post by
geeps2015on Oct 18, 2009 11:47am
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Post# 16397925
Cheap dilution
Cheap dilutionIt says on their website they are issuing 7M shares at 25 cents, and that looks like it is on top of the 2M shares for the takeover of ITGER. And that is also on top of just closing a 3M share issue. I like this company and its popential, but I don't like how fast they are diluting my ownership. I know we need cash, but we are fully funded for a year, so let's keep the status quo.
Any word on how their drilling program is progressing?