Andes Gold Corp (AGCZ)

[mortalmyth]

bullhsxi2us, thanks for sharing the response from Rob.

I think it's a tough call regarding dilution versus conventional loans from bankers to meet funding needs/objectives. Details must be carefully considered such as whether the dilution is coming from toxic financing arrangements (e.g., conversions at under the market share value) and if there will be a need for implementing a reverse split down the road due to an eventual unwieldy share structure. Many mining company boards and management are leery of bankers sitting on their throats and turning over control as the POG is volatile and could put them in a precarious position at the turn on a dime. Issuing shares doesn't put them in such a situation.

Anyway, the bottom line is that it's a tough decision when looking at funding alternatives nowadays. I think it may be even more important in how management uses money. If they waste it and obtain little benefit or progress, then the money trough will need to be visited regularly and eventually will be the undoing of the company. If they properly use funds then hopefully it will just be a question of time until they are self supportive and won't need additional capital making the question on how they originally obtained it a lessor of a concern.

Anyway, those are my thoughts on this subject.

Good day to you.