Lumina Copper Corp LCPRF

RE: $30M PP

[thedave2006]

always good to see companies get financings especially when managment is good at controlling dilution.

q. what good is a resource base of any sorts if the capital costs are too high, if the revenues and earnings are too little, especially if the asset is diluted away with 100s of millions of shares?

a. ask the fluffy specs that change from business to business and do reverse splits while wasting financings on story after story....unable to create shareholder value, only destroying shareholder value with their ways.

a. the lesser the dilution the better, the financings put to best use is best.  sticking to a project in the same space of which had a good chance in the first place at succeeding is best albeit, one really doesnt know what is next with each set of results.  promoting same old properties passed thru many hands is one way to zip like many fluffy specs.  properties that are not retrends have decent chances at something of real value, of which is far inbetween while at the same time, lots of money can be made speculating no matter what you want to speculate.

ps.  so far so good for lcc....whaaaaa to all the usual forum suspects.  yet another 10 bagger for me.  lol.

cheers,
dave.