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Alpha Minerals Inc ESOFD



GREY:ESOFD - Post by User

Post by infocountson Aug 22, 2013 8:18am
351 Views
Post# 21688767

Randhawa on financing

Randhawa on financingThe Dev Randhawa interview also has this information in reply to a question about future financing:

"We just turned down another financing. I mean these things are coming in literally every day, but we don't want them. The reason is the stock is trading like it wants to continue to go higher, and to me it doesn't make a lot of sense. The moment you do a funding, you put that cap on your shares, and it takes a while to break through that. Hopefully we can continue to keep up with the drill success and drive our share price up. The other thing to remember is it’s important that we complete financings in tandem with Alpha Minerals, or else we just end up hurting each other."

And at the very end, he adds:

"Another important aspect of our success is we're very driven to look after our shareholders."
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