Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jackjc who wrote (48281)	8/29/2007 6:53:08 AM
From: tyc:>	Read Replies (2) of 78430

>>Glad to see the Wolverine getting financed. Problem there is the stock price and large equity portion needed implies huge dilution,so questionable what the holders will get out of it. Is there not a logical error here ? It is true that there will be a dilution for all stock bought at higher prices, but it seems to me that the dilution will not apply to stock purchased at the same price as the new equity financing.... i.e. stock bought at the current low price. It seems to me that one should consider the total market cap. rather than the number of shares outstanding. Currently it stands at only ~$75M, and with the equity financing required it will increase to ~ $225M, I think. This does not seem "highly diluted" to me. (maybe my delusion, though).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next