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Re: highhopper post# 98812

Wednesday, 03/28/2012 2:24:58 PM

Wednesday, March 28, 2012 2:24:58 PM

Post# of 155602
My bet is I have been here a lot longer than you and I totally understand the share structure. What you don't seem to understand is the difference between A/S and O/S.

A/S is 15 billion, O/S is about 6.5 billion. Any dilution has been used to purchase concessions and that increases value.

If dilution occurs and no value increased then that is a problem but that doesn't seem to be the case here as the calculations as to value seem to show.

It has been reported that the value of an acre of land in Chile is between 10-30k per acre. Now do the math at 6.5 billion and 15 billion and see what you come up with?

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