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Monday, May 03, 2010 10:56:04 PM
Now we are faced with a trust issue on 186 mil. Could be used for several reasons (again I like many options), 1/2 mining cost to keep 50% mining profit, spin off ect, ect..Or as is insinuated here, to cut run and line their pockets.... The email and press releases have been posted several times so we all know katx's position on a share increase. The company has Earned my trust...So what?...lets try common sense then. Your going to risk drilling a gold property, another property surrounded by vale for those peanuts!!! Get Serious...
I believe this company is here for the long haul. I think they are going to make it very, very big indeed. I think those shares are gong to be used in a very big business deal in a very good way, and I think Katx (Mr Stead ) would have already told us if not for things like "NDAs" and Wall Street Law Firms.
But thats just me, never keep an investment in something you dont like. Sell
But Not ME
IMHO
Good Luck to All
PS. The poster who taught me the difference between Good dilution and Bad was INVESTOR911, Get well soon and props to you, sir. Many coat tails I ride and yours are some.
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