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zippo1094

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zippo1094

Re: eyeamgame post# 14399

Thursday, 06/05/2008 2:39:05 PM

Thursday, June 05, 2008 2:39:05 PM

Post# of 83050
Nice movement into green today!

As I understand, Gov. Revenue Bonds should not dilute the stock any further. This is a long term bond guaranteed by the state of Utah and the interest rate is extremely favorable--in the neighborhood of 6-7%. With bridge loan short term financing, production on the mill can still go forward at an accelerated pace. With no need for further 504's which dilute the stock, bridge loans and LT financing this pinky is sweet.

Eye, you may be right. Dilution may end completely with the financing in place.

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