Tom, a billion will not be needed...welllllll maybe LOL!!!
We will know in the next 30 days whether the board's business plan was intact or not. No since in authorizing 120,000,000 to take care of the "fully diluted" = current outstanding plus Class A Preferred that has and hasn't been converted and then have to increase the amount on a as needed basis...corporate resolutions just don't work that way and this is very normal occurence IMO...Lets just sit back and watch....I think the move was not so they could float more paper in our face but a very very very impressive attack strategy to f*&^*ing toast the shorts..again IMO....This is not just about a short squeeze folks, there are some properties in Chile that thru tedious and thoughtful precision by House have gotten us where we are today, and that is finding the porphory of a "world class" gold/copper deposit that will be extremely economically to mine. My guess seat of the pants guess is before all said and done we might just reach that 150,000,000 share dilution number but I tend to think if the NASDAQ option unfolds or "other" opportunities develop we might only see 125-130 million. Hell we're at approx 112 million now (fully diluted).
To the big boyz to my right. 1Newstar, Scott, Mike, Idaho, et. al Nice chatting with you guys, Also very impressed and glad to see with those kind of shares you guys showed management your face and those "impressive" share counts. Think Lillar would have been an excellent choice, besides me (lol!!!!!). Just think there may/will be no need to have him on board. It would/might have been a temporary spot...or we shall see!!!! NIce to be around investors like you guys. |
