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Gold/Mining/Energy : Copper Fox

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To: Underhill69 who wrote (8776)12/17/2014 11:06:42 PM
From: mudguy   of 10654
 
Exactly. The company won't give any notice- it will just happen. The risk is not dilution- any rational person realizes that is coming and the source is almost irrelevant. The risk is that at 400M+ shares, the company is not credible to raise money on the market and will need to consolidate. The market will take it down on that news, especially given the weak position they are in with their deal with Teck and the adventures in AZ and with CXM.

The cost to consolidate is minimal. BTW, I'm not a lawyer, but they add value to those transactions. It is the parasitic brokers and MM that deserve the "lawyer" derision IMO.
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