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Marlin Gold Mining MALZF

Marlin Gold Mining Ltd is engaged in the exploration, development and production of gold and silver in the Americas. The company owns three properties located in Mexico and the USA and a portfolio of royalties. Its properties portfolio includes Commonwealth project, Arizona, United States; Gavilanes Project, Durango, Mexico; and La Trinidad Mine, Sinaloa, Mexico.


OTCPK:MALZF - Post by User

Bullboard Posts
Comment by bek816on Feb 15, 2013 11:41am
209 Views
Post# 20995719

RE: RE: rights offering

RE: RE: rights offering

Share dillution is rarely a good thing.  It's killing us MLN/ORO shareholders.  I can't remember the exact number, but I seem to recall there being somewhere in the range of 65M shares outstanding when I first bought in.  Now there are 192M shares outstanding.  That's a trippling. As an investor, the dillution means I'll only get one-third of the profits.  Not good.  

https://www.investopedia.com/articles/stocks/11/dangers-of-stock-dilution.asp

https://seekingalpha.com/article/234695-the-dangers-and-benefits-of-share-dilution

Bullboard Posts