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Bullboard - Stock Discussion Forum La Mancha Resources Inc LACHF

GREY:LACHF - Post Discussion

La Mancha Resources Inc > my major concern is a dillutive capital raise
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Post by greeneggs on Nov 03, 2009 11:45am

my major concern is a dillutive capital raise

I think their sudan deposits are golden, and the shareprice movement from dollar range has proven me right.
Time and time again I've seen good news followed by capital raise with these small cap mining stocks.
Comment by dollpartz on Nov 03, 2009 12:49pm
Down the road you mean? Ya when it comes time to develop the VMS deposit...  that's quite a long ways off...
Comment by Bobwins on Nov 03, 2009 1:21pm
That's one of the reasons I bought LaMancha.  They have profitable smaller gold mines that are self financing.  The exploration of Hassai is being funded by operations.  AND they have big Daddy Areva in the background to help them line up financing when/if it comes up.  If they prove up the VMS deposit, LMA will be in a very good position.$0$0$0$0Dilution is inevitable in ...more  
Comment by RetiringYoung on Nov 03, 2009 1:50pm
It's exactly these questions that I would suggest you put in a call to IR for. "Potentia;l dilutionm is a concern for me. Are there any plans/need for this" Share what you find out.
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