RE:RE:GCM & Aris Gold Combine! Wow!with the dillution probably they have to cut the div
the stock price already affected probably the div change nothing
they have to take the money to speed up marmato or toro
but only 1 project until full production before invest in the other project
i think the biggest loser of this is the holder of aris.wt aris warrant
the conversion price is 2.75
so 2 warrant of aris give 1 warrant of gcm
and the conversion price do change to something like 5,5$ ( 2.75/1.70 x 3.40 )
and all the sprott warrant holding never gcm go to 6.70 before spring 2023
and all insider option due to this fall
so we increase dillution in this merge but we probably cut the warrant and option dillution