Applied Minerals Inc (AMNL)

[MasterSalix]

We talked about “a little toxic financing” months ago - this is the harm it can do - giving 10,000,000 shares to an “IR Firm” etc. and printing off shares in debt deals can do this….

All that said - with the cash they now have, going forward, we shouldn’t need such deals and most convertibles on the notes are at much, much higher levels than here…

Also, I rather have the band-aid ripped off in a one-time 10M dump than a hide on the ask for weeks pushing the stock price down in a slow bleed - but maybe that’s just me…

Have to play the swings with this one -