Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: bigbuk who wrote (36135)	10/19/2005 11:15:27 AM
From: seventh_son	Read Replies (1) of 39344

This type of financing arrangement looks great for existing shareholders, and is a model for other companies to emulate. I assume that the company prospects look so good that larger players wanted to buy but there was not enough liquidity to do so without raising the prices, and I'm assuming that Haynes just gets the usual commissions as if they sold the shares on the market. The only worry is if someone was able to manipulate the average trading price that the sale was based on. Many of the juniors are getting beat up because the average investor is getting gunshy about what future financings will do to them in terms of dilution. Maybe some companies should make a commitment to their shareholders that going forward they will only finance with a Paramount type arrangement. If the companies really have the goods they should be able to do this, assuming the market does not turn really, really bearish.

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