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Re: MineAllMine post# 153761

Saturday, 06/20/2015 2:57:29 PM

Saturday, June 20, 2015 2:57:29 PM

Post# of 173216
I am talking about investors other than the longs who are holding including me.

I am referring to general market. If they believed that a JV is imminent they would have bid up the shares and even at 2 cents would be cheap but we are at 0.0017. Certainly no one without inside info would worry about a fraction of cent if they thought a JV is imminent.

Therefore if the JV does come it will result in an avalanche of buying until price stabilizes.

If no JV then investors, other than longs, have to assume there will be more dilution and how much determined by the company. It is not conducive to a higher share price...there must be a reason to buy enough to prevent a decline in share price.

I am long, and I like Gempicker believe it is wise to add, but we need much more than believing longs to hold the price in face of further dilution.

No one even those who bought at lows will make anything if price continues dropping with dilution.

As to voting, it depends on what happens before the vote, but I think we all know that wise vote is yes.


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