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

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

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To: marcos who wrote (49057)	9/16/2007 1:17:07 PM
From: tyc:>	Read Replies (1) of 78419

>>"when you put the fease out and you're about to raise capex, or get taken out, which ever comes first, then you don't to begin that process from such an undervalued market cap ..." I'm not sure I follow your meaning here, M. Do you mean it is desirable to have a reasonably high market cap in when that stage comes ? Logically, I believe the smaller the existing market cap, the more assured one should feel about raising the required equity financing. The old (existing) market cap will not dilute the benefits accruing to the new equity. (Of course, what I have in mind here is YZC, whose published timetable envisages the completion of the necessary equity capital financing this month). I'm still an optimistic bull. LOL.

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