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Cabo Drilling Corp CBEEF

Metals & Mining Industrial Metals & Minerals
Cabo Drilling Corp is a Canadian drilling services company serving the mining industry in North, Central and South America, as well as Europe. It is engaged in providing contract drilling services including surface and underground coring, directional, reverse circulation and geotechnical drilling as well as a tree falling and clearing services to companies involved in mining and mineral exploration. The company operates in Canada and United States, Latin America, and Europe segments. The majority of the company's revenue comes from Latin America.


GREY:CBEEF - Post by User

Cabo Drilling Corp
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Comment by chrispars24on May 19, 2011 3:04pm
267 Views
Post# 18602331

RE: Can you spell dilution Elizabeth?

RE: Can you spell dilution Elizabeth?they just raised 2.5 million 20% higher than current price.  WTF happend to that money?  They want to average down now?  spike it lower on no volume to issue another 5 million at 10 pennies?

Seems to be the norm on the venture now.

Destroy your own company share price and then dilute it into oblivion with only the last Private Placement holders the winners



of a destroyed company........ don't these fools know that they can make 10 times more by actually running the company well and NOT diluting?

NEVER LISTEN TO AN INVESTMENT BANKER... NEVER!!!!!!!!!!!!
Bullboard Posts
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