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Alias Born 04/17/2013

Re: Destinator post# 11232

Thursday, 10/03/2013 7:34:45 AM

Thursday, October 03, 2013 7:34:45 AM

Post# of 12573
With CAD 36 million in exploration assets they should be able to safely raise a little debt. As I wrote in my post about using debt it is only a sound option when ROA is greater than the interest rate.
Explor would have a way of paying it back if the target was to get the property sold. Sure it would take a bite out of existing shareholders potential return, but so would further dilution, a rollback and the resulting drop in share price.

My point was to open up discussion about alternatives. Creative useful alternatives and not just saying fire the CEO and bring in new board members. That doesn't get us anywhere unless there is a valid option on the table for a new CEO and new board members. I haven't heard of any. Unfortunately every second post on this board seems to be about bashing current management without offering any thoughts on how to do things differently.

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