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Rio Verde Minerals Development Corp T.RVD



TSX:RVD - Post by User

Comment by bob-ten1on May 15, 2012 11:45am
157 Views
Post# 19910458

RE: Capital Expenditures

RE: Capital Expenditures

why below $.20?

The price is currently .23. In order to raise that much they will need to give a discount to the current price.  They will need to place at least 50 million shares. That's if they find enough buyers. Also they will need to include warrants to sweeten the deal so that will mean more dilution.

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