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Re: Tekoah19 post# 8992

Friday, 01/16/2009 2:30:08 PM

Friday, January 16, 2009 2:30:08 PM

Post# of 83080
One of the things I really liked was the discussions with management that they intended to buy nore equipment with Revenues and had planned to raise finance in shareholder friendly ways if necessary.

Ever since they announced the increase in Alluvial Production we never heard another word concerning REvenues period.

I was told their was money available for equipment before John went to SL but I guess his trip and daily operations ate up that surplus.

The dilution sucks especially as it was done with an already dismally depressed share value.

If significant Revenues do not come immediately this process is likely to be repeated.

If multiple recurring Revenue streams come online they might be able to hold off further dilution.

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