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VBgood

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VBgood

Re: None

Friday, 06/10/2011 12:50:51 PM

Friday, June 10, 2011 12:50:51 PM

Post# of 26631
As I read " Correction " again - what I worried about is our cash position. 13 million is fine, but I bet we will need every penny of it to develop IR. And what if it is not enough ?- Possible share dilution?

We also need money to beef-up PDI. What size of a contract will we get from Cobre with a few trucks? Unless we want to remain a sub-contractor - we will need more cash .

I also anticipate PTQ price to go down after Spin-off , plus possible dilution, hmm. It might take longer to make money.



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