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TeamTOC

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TeamTOC

Re: None

Tuesday, 01/06/2015 9:35:34 AM

Tuesday, January 06, 2015 9:35:34 AM

Post# of 63744
I am confident that we can put any dilution talk to rest. This is the latest I received from Naomi, and I agree, dilution at this share price makes no sense at all.

At this point, there is no discussion regarding an equity offering. At the current share price, an equity offering wouldn’t bring in the funds we would like to have to go forward this year. Forward gold sales make much more sense.

In reviewing their debts and interest payments due, it appears they need ~$11M in this first quarter of 2015.
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