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Champion Iron Mines Limited CPMNF



GREY:CPMNF - Post by User

Bullboard Posts
Comment by RobertPageon Dec 06, 2013 11:50am
257 Views
Post# 21979001

RE:Way up

RE:Way upNothing's bullish here.

Mamba is a shell.

Its all paper transaction with no value added from Mamba.

They must show up with 10MM$

Lt me remind you that CHM was trading at 21 cents a few days ago.

A right offering at 20 cents with existing shareholders would have been more appropriate

for the EXISTING shareholders.

Raising 10 MM$ for CHM at 21 cents would have translated in a dilution of

approx 35 %. Something 's wrong here.
Bullboard Posts