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Gold/Mining/Energy : Rock Resources

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To: kidl who wrote (903)3/2/1999 12:50:00 AM
From: 24karat  Read Replies (1) of 1996
 
On Feb 19 A private placement was completed, outstanding shares were
14,600,075. Since then outstanding shares have increase by 7,000,000 to 21,543,508 and now another private placement issued. The outstanding shares have been diluted by 1/3. How much more dillution can be expected? IP reports are finished, and Drilling has not started. What are they spending the money on?
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