RE:RE:RE:RE:RE:New Press Release - LAURION Announces Proposed Non-Brokered Private Placement of Flow-Through Shares Where's the 'dislike' button - or at least the 'disagree' button Stockhouse?
"I bought stock in this gold exploration company and all they do is raise capital, use it to drill holes and then sell the tax credits and raise more money and drill more holes. It's the definition of insanity!"
Nope. It's the operating model of a gold exploration company.
Here's an exercise - look up articles on stock dilution - anywhere - everywhere - and I bet you won't find ONE that specifically features the idea of positioning a company for sale at all - let alone in BOTH of the first two paragraphs - but that is exactly what Cynthia's atricle does.
I've given up on trying to read the tea leaves and on interpreting the silence - but if people on here insist on saying that writing an article means there's no deal in play - I will call attention to what I see that points in the other direction.
Good news for all of us - including everyone who seems to simultaneously own and hate this stock - when this gets sold - we all get paid - and we all get paid exactly the same thing. Put another way - what you believe is happening - and what I believe is happening - has no bearing or impact on what is actually happening.
Stock manipulation is illegal. Buying LME stock in the market does not fund Roger's retirement. The biggest risk to junior exploration companies is bankruptcy. The simplest explanation here is that work is being done in good faith to get this property sold - and while that work is being done - the team continues to operate in case it takes longer than expected - and yes - it is repetitive. If your complaint is that your junior gold company keeps raising money and diluting you - try having your junior gold company not able to raise capital and dwindle away to nothing - leaving you with the same percentage ownership - of absolutely nothing.