OTCQX:RPMGD - Post by User
Comment by
pipefit2on Oct 29, 2012 2:47pm
224 Views
Post# 20536133
RE: What to expect next from Carrot
RE: What to expect next from Carrot I think their entire business model is getting called into question. The theory was that if you acquired a bunch of projects, and advanced them, a little here and a little there, until you got 10 million ounces, then some major would buy the whole shooing match at a sum that valued the assets at a greater pice than the individual parts sold separately. It is starting to look like that isn't going to happen.
I think they need to pick one, or perhaps two, projects, and go after those to projects and prove them up and sell them. This idea that one can dilute oneself to prosperity is funny, especially for someone that believes the principal of honest money (gold). Eery time they dilute the share structure, they are selling a portion of every single project they own, at rock bottom prices. Wouldn't it be better to sell one poject, at a high pice?