You Had Better Really Appreciate Equity DilutionAfter all, no matter which way you want to slice and dice it, there would be immense and overall quite material amounts of NGC "minority" shareholder equity dilution on tap here with Northern Graphite Corporation going forward.
Eric Sprott and his crew won't move this "shareholder equity dilution trap" share price in a upward direction.
After all, it's kind of difficult (lol) to sell good sized cow patties to cows when they excrete plenty of such cow patties for free.
Everyone and their cousins know that this company is like a cow that keeps on providing milk to the insiders and their business associates and nothing but cow patties for NGC "minority" shareholders.
Tell Hugues Jacquemin, Gregory Bowes et al to simply sell this whole kit and caboodle to any company willing to pay anywhere close to $0.55 per share and then exit and stop spreading his NGC cow patties about.
I know. Given the NGC share price is currently at $0.26, nobody would be at all interested in even returning his phone calls.
Just keep saying it to yourselves. Dilution, dilution. Oh my NGC equity value dilution, lol! It's likely to get much worse because the next flow-through equity financing is likely to be undertaken at NGC share price points which could be much lower than the current $0.26 share price.
Perhaps flow-through charity equity units would be sold at $0.10?
I have seen this happen far too many times before people.
Caveat Emptor!