American Bonanza Gold Corp ABGFF

Dilution up the wazoo

[whiskeyjack]

This is another BZA travesty.

With the over allotment and warrant conversion, 75 million shares are added to the float, or 58% more. They get $14 million+3.5 million+11.25 million on warrant conversion.

This works out to about 38 cents per share while your money is tied up for 4 months in a raging bull market?

Someone said 32 cents a share in 10 days? I'm going with 30 cents or under by the end of tax season.

At most they get $28 million after commissions for 58% more shares. Come on, get some loans and use the $700 million reserve/resource as collateral!

Kirwin prints as much as the Federal reserve. Unbelievable,

WJ