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Infinito Gold Ltd V.IG.H

Alternate Symbol(s):  IGFFF

Infinito Gold Ltd. is a Canada-based development-stage exploration company. The Company is engaged in the acquisition, exploration and development of mineral interests primarily in Costa Rica. The Company was focused on its development activity on the Crucitas project located in Northern Costa Rica. The Company has no producing properties and generates no revenue. The Company's subsidiary is Industrias Infinito S.A.


TSXV:IG.H - Post by User

Bullboard Posts
Comment by forbyon Nov 08, 2010 3:28pm
191 Views
Post# 17675613

RE: RE: RE: Shaking the tree

RE: RE: RE: Shaking the treeTHEY could also be trying to push the price lower to do a PP.  They will need the cash to start working again.

This would show a positive attitude on the part of management as to the outcome of the trial.  But I don't like the further share dilution.  However, we will probably have a lot of dilution when they convert the debt to shares also.
I can see the o/s share doubling when that happens.. what is the debt the company owes, and and what price is that debt converted to shares ?
Bullboard Posts