SI
SI
discoversearch

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 : Strictly: Oil and Gas Exploration Companies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark who wrote (191)5/15/1999 3:36:00 PM
From: Robert T. Quasius  Read Replies (1) of 318
 
The only thing I see they're doing that might be dilutive is the Warrants deal in lieu of payments for seismic services with Veritas, and they have the right to buy back the warrants before the warrants are ever exercised. I doubt that insiders, who control about 45% of the stock, would go along with anything too dilutive.

However, when the stock is selling at a much higher price down the road, I would think a secondary offering to raise capital for the Montana holdings, etc., would be a definite possibility. At these stock prices, however, I don't thing there's any way the Millers would do a secondary offering.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News