InvestorsHub Logo
Followers 18
Posts 1860
Boards Moderated 0
Alias Born 02/27/2006

Re: nsomniyak post# 16359

Wednesday, 10/07/2009 5:02:13 PM

Wednesday, October 07, 2009 5:02:13 PM

Post# of 35737
I don't know that GORO would do another PP with Hochschild. They should have enough cash and will be generating their own soon. No need to dilute anymore. Hochschild may not have a choice other than the open market. Although the Reids may help arrange some large blocks for them with funds that have to sell as GORO grows percentage wise over their maximum holding amount. Nice problem to have.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.