Discovery Minerals LTD (DSCR)

[ferran9]

So unless I miss understood, at the end of these news seems to explain why this stock is going down:

..."The more shares issued, the greater the dilution, and consequently, the more shares will be required to acquire properties"...

Then is actually DHANOA's financing strategy which is pushing this stock down by issuing so many shares! Did I understood that in the wrong way? Now is clear to me that every time there is a big push down is actually Dhanoa throwing shares into the market, which kind of relaxes me and easies my mind from thinking this stock is a scam or there is some nonsense dark forces moving the price.

This could be good and bad news. Good in the sense that is just a matter of time till we go all green, and bad in the sense that we have to wait till they decide massive financing is no longer required.

So the biggest issue I can see is that with so many shares and assimilated dilution the price will get harder to go up to a good price, making the current prices the real ones due to this dilution and quantity of shares in the market.