RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SP WTFummmm - is someone answering her old email account.
I sent this email off to Sandeep/Paul,
Hello Sandeep, Paul,
As an investor in WRN , I have 465,000 shares and I’ve continually been concerned about the dilution.
We’ve previously been told we have enough cash to get thru permitting…only to issue more shares.
Most recent example today for another 13M shares.
Can you confirm now….do we have enough cash now to get thru permitting?
Share price was rising quite nicely with Eight Capital buying in the open market for the last several weeks now only to stop and give them a deal for 13M shares at $1.9 a share.
I would appreciate some feedback on this --- kind of surprising that this news seemed to leak out and some traders were aware (since magically we issued about 7.5% new shares and we closed down 7.5% today)….but many of us were scratching our heads today wondering how Gold, Silver, Copper way up and we were way down…then we find out why after the close.
Feedback would be appreciated,