Fabled Silver Gold Corp T.FCO

RE: RE: RE: Hypothesis

[JohnEStromJr]

numskull and MudCreeker,

Thanks for your posts. They're informative and breath of fresh air!  

The one good thing [I think] about the Coalcorp deal is the board CAN elect to pay off the debt in the process of a finance package thus saving dilution were Coalcorp to opt to convert the debenture [loan] to shares.  That said, with a Coalcorp appointee on the board it's unlikely they would be taken by surprise and might opt to convert the debenture into shares which gets us back to that dilution.   So, while FCO can pay off the loan early, Coalcorp can, at that moment elect to convert the loan to shares.  Am I correct in this?   Thanks in advance