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 : Paramount Ventures & Finance -- Ignore unavailable to you. Want to Upgrade?


To: Diamond Daze who wrote (3629)12/16/1999 12:20:00 AM
From: russet  Respond to of 4884
 
Don't expect the principles in the wicked sister to come up with the money to fund a PP to keep things running for the next couple of quarters, before they slough off a bunch of the shares they hold now on us, for higher amounts. Presumably they have been doing that in the $.70's, .60's, .50's and now .40's and soon to be .30's and maybe even .20's. Then they will plop a PP out to dilute us at low prices, to keep things going until some decent diamond sales start coming in from Brazil in a few quarters. How else can they afford to pay themselves those nice salaries and consulting fees.

But don't listen to me,...I'm just a squished hamster swimming in bullchit with sharks circling. Still like the prospects for Rio do Sono, but I'm looking to jump in for more at lower prices after the PP.