GREY:LCPRF - Post by User
Post by
ACE223on May 31, 2012 1:35am
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Post# 19964045
Getting Close to the end
Getting Close to the end The reason is they only issued a loan at this time to complete the work they have in progress, lawyers, paperwork, blah, blah...
Like someone said earlier" why give away cheap shares right now ". The other option was change of control meaning a buy-out and the loan is re-payed right away . If the resource gets bigger in six months this thing could be at 40 billion lbs of copper and 5 .5 million oz of gold .They can easily do more financing if the need at higher prices. They must provide these options as per securities rules .Reputible group here . Getting ready to put the SOLD sign up