NYSEAM:SVLC - Post by User
Comment by
govtauon Apr 27, 2011 11:29am
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Post# 18494443
positive note
positive noteI have seen most companys go through the same growing pains. We issued only 18 mil shares which fully diluted is less than 100mil shares for a company that a year down the road could double production for the next ten years all on its own.
GPR has 140mil and EDR has 92mil. They are both 12 to 18 months ahead of us. It would have been worse had they needed more money of course. After the close of the placement we will have almost 40 mil in cash and a mine operating at full capacity. Looks cheap now. Transfer into TFSA now!!