Continental Gold Limited New CGOOF

Dilution and JonMajorLebianSteinDilution

[LanceFTN]

Two likely possibilities.  Either they accept financing and are diluted, or take a buyout from a company such a McEwen (the current rumor) and they're done.  If they get diluted my value does not decrease.  This is only the case for non-solvent companies that are forced to take cash-infusions at unfavorable terms.  CNL has money in the bank and every indictor is (now) positive: deposit, mineralization, politics, permitting.  When a solvent company with an upward trajectory such as CNL accepts funding, that capital goes directly to the value of the company.  Yes, there are more shares, but the value of the company is increased by at least an off-setting amount.  Following your logic (being kind) the company would be better off never accepting funding and whittling away its remaining cash building---nothing?  Zero share value for the precious shares the original investor greedily hung onto.

You have been consistently wrong on this board proven if by no other fact that you've changed your name at least three times to spout this nonsense.  And by the way, contrary to  your repeated prognostications-----CNL is now permitted to build a mine-----YOU LOSE.