Post by
RENE5 on Nov 26, 2012 10:44am
Great, more dilution!
It's funny how they release such "positive" news and people start selling. Maybe they will issue 25M shares at .50? What do you guys think?
Comment by
gold_diggers1 on Nov 26, 2012 10:48am
RENE5 - "It's funny how they release such "positive" news and people start selling. Maybe they will issue 25M shares at .50? What do you guys think?" . I think that is great if it happens. I have been waiting to add more at $.30 and $.10.... just like VT1 waiting for $.45 and $.37...... . GLTA
Comment by
VentureTrader1 on Nov 26, 2012 12:16pm
BTW, the comment was in response to the original from RENE, not you gd1.
Comment by
RENE5 on Nov 26, 2012 12:17pm
Where else would they get the financing smart guy? Do you even understand how the game is played. Keep making promises, keep diluting, keep filling your pockets.
Comment by
ALLEN4 on Nov 26, 2012 12:22pm
Thanks VentureTrader1, you beat me to it. I saw the subject heading and started looking for the news release for share issues. lol
Comment by
VentureTrader1 on Nov 26, 2012 12:42pm
They need 600 million, they have 21 million in the bank. They don't need cash in the immediate term and 12 million's not anywhere near what they need for construction, so why dilute now? BTW the executive just granted themselves options (a few months ago) at around 72 cents, so diluting now makes NO SENSE in any scenario.
Comment by
Goldflow on Nov 26, 2012 1:18pm
I don't get it. There was no dilution done recently? Huh?
Comment by
ALLEN4 on Nov 26, 2012 1:21pm
21 days ago, to round up money for the wildlife preserve