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Re: Green2013 post# 3128

Tuesday, 06/18/2013 12:32:41 PM

Tuesday, June 18, 2013 12:32:41 PM

Post# of 4164
Re: post 2385, if you assume 70% dilution effect and peak price of .095 close to when deal was announced, then .0285 is about where price was sit after considering effects of dilution under this scenario, e.g. .095x.3=.0285 ( close to that now and yesterday short interest was significantly lower ). Combine that with future good news: expanding, big deal secured with W (major, also creates work, etc., which is consistent in good faith with the new operations manager's efforts and agenda to improve economic conditions and education in the region, etc.) Those are positives. If they increase production(or advance toward it, e.g. Test of reserves, etc., and potentially get acquired someday by some of the larger known miners in the area, as the price of gold rises, then potentially a slam dunk for investors ( provided no further dilution); SO, it seems like we could hold them to it as they launch their new website, etc., and look to improve/build the region. Meaning, if they want to improve conditions in the region (not a cartel), then the other potentially liberating factor would be to increase shareholder value.