DILUTION DOESN'T MATTER
I am not sure most investors understand this, and I'm pretty sure some of those might think I'm crazy, but I'll contend that most don't fully understand the ramifications of CD's revolutionary plan to dole out the cash proceeds to the stakeholders, including the retail audience ( that's us)
Let's see how this plays out. BUT, first, I believe that other junior miners and oil exploration companies will follow this outstanding plan of giving the investors great returns on their investments.
I have been pretty lucky to add a few extra hundred thousand shares at the beaten down share price, pretty much generated by the negative crowd crying dilution.
As an example, consider that you might control 100K shares right now. If that's your case, would you not be in the black if Kiidd's Creek gives us a dividend of about 2 dollars a share ???
Some of us would be up a couple hundred thousand dollars.
Once WE get the money, and not the company itself, what would we care if CD placed another PP to raise more money to finish off TPW. it , I contend it would not matter if we would then have more outstanding or fully diluted shares, BECAUSE TPW WOULD THEN BE SOLD BASED ON THE ASSETS, THE PORPHERYS, THE PROVED UP GOLD, or the potential gold, And it would have nothing to do with the share count.
The plan would then carry on as we then get more huge dividends as each property is sold.
As far as I'm concerned, dilution has been good. Because of the dilution bashing, it's given several of us the chance to buy on the cheap.
Sooner or later gold is going to climb again. I'm looking forward to our future here..
JMO
Red
AI
