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richard the Realtor

03/13/10 12:30 PM

#58715 RE: mudcatboy #58713

The dilution continues due to the fact that there are roadblocks in the way of the company achieving financing. And the longer we continue to have the need to acquire financing, The more the dilution will continue, and the less our share price is worth. So it seems to me that the roadblocks behind the company obtaining financing are willing to at the shareholders expense, get a return on their investment not through what the company mines and produces. But is willing to aquire their return on their investment through the price of our shares. That continue to go down in share price. And believe me, every share diluted is making our shares worth that much less. And this BS of a buy back or going private, "FORGET ABOUT IT" it ain't gonna happen. Which is exactly why lenders would encourage us to "buy up these cheaps" these cheaps are funding their investment at this time. While in the meantime standing in the way of Long term financing or short term financing for that matter, by the continued massive dilution.
If we stop buying the dilution the share price will no longer continue to drop. At which point would force the hand of the lenders to move aside so that the funds needed for operations can be obtained. And I say force their hand. Because they are bluffing as to the fact that they are going to take legal action.
There is one constant in this country, and that constant is "GREED" and no one is walking away with cash sitting on the table.

Respectfully,

Richard the Renegade