Replies to post #23200 on Dutch Gold Resources Inc. (fka DGRI)

[Learner09]

That's not my point.

I hope you're right though.

[Surgeon Stock]

To your point, let's run through the "doomsday scenario" and assume the company elected to increase the outstanding shares to the 500 million currently authorized. This wouldn't even double the current outstanding shares from 298 million figure provided in the latest press release. This must be considered in light of the fact that at the same time the company anticipates a fourteen fold increase in cash and a twelve fold increase in current assets. This means that even under the scenario described above each share would fundamentally be worth significantly more than before even with a maximized share count. I'm no mathematician, but twelve times is certainly more than two times which represents the multiplier to get to the total authorized shares. I repeat, these dilution concerns are way overblown considering all of the positive developments with Dutch Gold.