RE:RE:RE:RE:RE:RE:RE:RE:That is alot of land666999 wrote: Again people are jumping in the air and are giving thumb up to hyping
Who will pay all these drilling ?
Moosehead will need additionall drilling and that means more cash - dilution
Seems that Tim doesnt have problem with dilution, how much he earn per year ?
Latest PP at 0.26 .... next must be at 2, but will it be
How much dilution for other projects ?
Tim has good job, its his life work, about shareholders value hm Im not shure, will wait till end
of 50.000 m drill program, and yes share price is where it is for a reason - 0.26 and dilution ...
Cheers
YOu miss the point. People jumping up and down? Did you read the posts and concerns raised this morning including by me? The cost of holding these properties divided by two is minimal. They are not going to go full board into drilling. Airborne surveys, till sampling etc. to scope them out. Lots of options in the future on how to proceed. I think for now they wanted to secure these properties since they know they have an excellent change of being terrific acquisitions. I can go into a dozen different options the company along with Benton will have however for now it is not a major issue. The results from the upcoming 30 holes is key and securing these large land packages should add shareholder value in the long term.
BC