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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

American Bonanza Gold Corp > Money running out?
View:
Post by whiskeyjack on Jun 13, 2012 2:56pm

Money running out?

No problem, the 28 million warrant conversion at 45 cents by July 21, 2012 will cover any shortfalls.

 

Oh wait, let me check my math again.

Comment by bizwiz on Jun 13, 2012 7:10pm
That's it ! Since the company is in respect of its production agenda it is plausible to assume that it doesn't see favorably the conversion of warrents to shares to get some extra millions which can originate from pending operations instead of originating from a source which assures dilution of shareholder equity ... The only way of assuring that IT DOESN'T HAPPEN is to depress the ...more  
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