RE: RE: RE: Bond will mature in Feb 2014 GUNSS. If CMK tries to pay back the debt owed by issuing equity then you will see major dilution and an even weaker share price. Given that the company has a market cap of around $60 million, even paying half the debt with equity is not really feasable. Also, I am arguing that the company's cash position will be so low by the time they re start New Elk that they would need additional financing to even reach a 1 million run rate of production. I just don't see the share price having much upside when there is a constant threat of equity dilution.