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Re: TMLonggun post# 19505

Saturday, 05/17/2014 2:22:24 PM

Saturday, May 17, 2014 2:22:24 PM

Post# of 24287
TMLonggun, I really didn't forget all the other dilution per se, I just didn't want to spend more effort listing all instances. They were, however, considered in my 50% dilution estimate over the last two years. Your estimate that they may only need one or two more rounds before LODE finally becomes a profitable mining house would be nice to see and a welcome surprise.

I think you're wise in diversifying, I've started to do the same as I started out too heavy on just a couple of select miners. I want to go from five to maybe twelve (2 explorers, 5 small/micro and 5 big miners). Maybe even pick up some GDXJ and GDX indexes.

Bottom line, I think LODE will do fine. It's just going to take more time and patience until it starts paying off for the retail shareholders. Look forward to that day, and when they might consider paying dividends too (yes, I'm a demanding SOB lol).

Anyway, good day to you.


I am NOT a Financial Adviser. Nothing I post should be considered financial advice. I may be holding a long, short or no position. I am NOT compensated to post on here.

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