GREY:PGDIF - Post by User
Comment by
Gauwdon Jan 19, 2014 9:40am
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Post# 22108622
RE:RE:RE:RE:Funding question for the old and experienced (Gauwd??!!)
RE:RE:RE:RE:Funding question for the old and experienced (Gauwd??!!)mill44, I floated out the idea of selling DO27 a while back to help fund Chidlak, with some old valuations, if memory serves, a good asset to keep the production rolling there as diamonds start to run out, think with some other pipes, about 20 years left. As for dilution, when they get this to a point of being able to put black ink down. Valuations should raise sp, that helps, and we have had 2 partners to bring us to our current level with less than 150 million shares, manàged very well up to now IMO. Many other juniors in our current market can not say the same. After valuations, we will be in a much stronger position for financing for 2015, and or, negoitiations with a deep pocket. This is a long investment. Period, long and very safe at these prices IMO.