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Re: Big dilution...     24-Sep-09 12:02 pm    
"...The funds will backstop our cash flow from the G-9 operations..."

That part gives me pause! Raising money to explore is a very good thing, especially if China leaves the dollar.

Share count was 426 million in June, so another 24 million shares is about 5.6% dilution plus 15% overallotment. So that's about 6.44% dilution.

I am mostly concerned about the backstop admission. I expected better. Perhaps a new round of dicovery will justify speculation.
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abitrugged

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Check out farallonmining.com. Huge, 23 million + share...
contradude_... Rate it 23-Sep-09 11:56 am  
 
Re: Big dilution...
abitrugged Not rated 24-Sep-09 12:02 pm  
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