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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

Metals & Mining Gold

GREY:ABGFF - Post Discussion

American Bonanza Gold Corp > Another management Red Flag?
View:
Post by whiskeyjack on Sep 08, 2011 10:22am

Another management Red Flag?

I guess this part that BZA adds to every NR is a lie?

Bonanza is re-activating mining at the 100% owned, construction-stageCopperstone gold mine in Arizona. Bonanza has approximately 185 millionshares outstanding and is permitted and fully funded through toproduction, with no debt and no hedges. For more information pleasevisit Bonanza's website at www.americanbonanza.com.

So another 5% dilution subtracts what to the EPS? Why does mgmt keep setting themselves up for abuse?
Comment by Z06 on Sep 08, 2011 3:05pm
This is not dilution, dummy. They bought shares that are already in the system.  Geez
American Bonanza Gold Corp
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