Applied Minerals Inc (AMNL)

[MasterSalix]

I tend to agree. Also, I think that it is obvious that in order for the company to survive it will need to print and sell shares (dilution) - they are not going to be able to get a high price for these shares, so we are talking millions of shares.

Only hope is some good news comes out and they can pop out of this death spiral first - they need something real - not this deal worth “up to” junk when they bank nothing in the short term and have no realistic prospect of ever seeing the max amount.

JMHO.