GREY:RNKLF - Post by User
Post by
BillionaireBoyon Sep 10, 2019 1:59pm
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Post# 30113417
Boulders and Warrants!
Boulders and Warrants!Why didn't the company just sell off their Gold boulders to raise capital to develop their operations? Also, the issuance of the warrants resulting in the dilution of 75 million shares is also disrespectful of existing shareholders. They should just issue a warrant to every shareholder so that everybody can exercise the right to purchase another share at 50 cents over the next 2 years! This is especially relevant in that we are now being told that over 90% of PP shares and units are being placed with institutions that have never invested in RNC. I wonder what Eric Sprott thinks of this dilution of existing shareholders? GLTA RNC Longs.