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St Andrew Goldfields Ord STADF

Metals & Mining Gold


OTCPK:STADF - Post by User

St Andrew Goldfields Ord > Ditto Dilution
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Comment by gopatson Jan 15, 2013 8:00am
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Post# 20838486

RE: Ditto Dilution

RE: Ditto Dilution

How much dilution was there in 2012?  How much do you expect going forward now that we are making money?

Looking at dilution prior to a mine being profitable and projecting that forward is nonsense.  I see minimal dilution going forward.  

There have been some past challenges which is why the market is cautious here.  As management hits more and more targets moving forward the market will respond.

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