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Re: crujones post# 6069

Friday, 03/23/2012 8:51:55 PM

Friday, March 23, 2012 8:51:55 PM

Post# of 62039
I think that IS the million dollar question with sirg. Does it take some massive dilutive scheme to pay for everything or are they able to pre-sell the first 6 - 18 months of copper at a huge discount to get their investment to start the mine. With the share price where it is, it appears the market believes that A/S increase is going to pay for the start up of the mine. The believers on this board (including myself) are making the bet that they are able to do it without dilution as they spurned a deal last year that included lots of dilution and the board deemed it "unfriendly to shareholders". Again, if the market believed what we believe, no one could get in at the current price as the stock would probably already be in the pennies. I say buy a few shares, come aboard and see if you like it and wanna buy some more! No guarantees but if there were guarantees the stock price would likely be much higher. GLTY

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