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Bullboard - Stock Discussion Forum Cabral Gold Inc V.CBR

Alternate Symbol(s):  CBGZF

Cabral Gold Inc. is a Canada-based junior resource company. The Company is engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil. The Company’s projects include Cuiu Cuiu gold project and Bom Jardim project. The Company has a 100% interest in the Cuiu Cuiu gold district located in the Tapajos Region, within... see more

TSXV:CBR - Post Discussion

Cabral Gold Inc > OVER 65 million warrants and options outstanding!!!!
View:
Post by drunk@noon on Oct 14, 2024 8:06am

OVER 65 million warrants and options outstanding!!!!

These gold companies are kings of dilution. They've haven't put one cent towards buidling a mine. And when they put togeether financing for a mine, look out. AND THEY ALWAYS HAVE TO ISSUE WARRANTS!!! How does that help. You are diluting but not getting the money when you need it. 
It does nothing but destroy shareholder value. Raise funds without warrants.
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