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Re: 1manband post# 1967

Wednesday, 10/16/2013 8:09:28 PM

Wednesday, October 16, 2013 8:09:28 PM

Post# of 3947
fwiw I think the term "conventional mining financing" is an oxymoron. Can you cite an example of one that is not dilutive or destructive to shareholder value in the longterm from onerous terms such as exorbitant interest rates or additional royalties or liens that could result in losing an asset entirely? TSX deals always include warrants that increase dilution by 50% when exercised as well as a boatload of free shares issued for finders fees and so on. No funding is ever non-toxic when you factor in all the addons. Your use of the term seems to equate the issuance of a single share at a price below the market as toxic.

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