RE:RE:RE:Another Good News
Encouraging for whom you ask fbedard29. I think the answer to that is everyone who has an interest in Abcourt. I see it as recognition of the values Abcourt possesses, and the opportunities this company has to develop further for the good of all shareholders.
And then you ask why. The simple answer to that is that the company needs money. And it's no secret that management has been actively looking for investors. So it is not particularly surprising. The encouraging thing is that investors are willing to put their money in Abcourt. They don't do it to be nice. In today's money market, money is tight, and far from all companies are able to raise the necessary funds. Abcourt does a good job in this respect.
Without funds, no progress. I think that would be a bad option for the shareholders. Both for old and new. As investors in juniors, we have to live with dilutions, and the negative consequences it may have on us. There will not be dilutions forever. The company has been open about this strategy, and they have also been open about the way forward as far as I can assess it. The information about it can be found on their website, and through various interviews on YouTube.
Criticizing afterwards is a simple exercise. Implementing measures in advance is a difficult exercise.
My opinion