Tuesday, January 19, 2010 12:19:26 PM
An announcement of dilution will also mean announcement of financing and production. My gut say's right now we are under value . Financing and production news will most likely trump dilution. Let's say 50% of the money goes to a JV or Royalty deal that would still bring us back up to about .05 IMO. That's a crummy deal and I think we can do better. If the history of the Comstock repeats I'm betting there is more a lot PM's than have been reported and a better deal can be struck. Time will tell. All I care about is the IG7 to make this thing legit and bankable. I'm also thinking $1300 gold by the end of 2010.
Time will tell,
Cheers,
D
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