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Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (47)9/20/2006 12:30:37 PM
From: RealMuLan  Respond to of 5637
 
>>Just because they increase to 160 mill. from 50 mill. doesn't mean they'll use them all. <<

I agree with that, but there is always a possibility they are using them as salary to pay employees, and employees will end up selling on the open market just to make a living. With the float so thin, the selling pressure will always be there, unless some funds buying for long term hold.

>>I think you're reading too much into authorized shares<<

I have seen some junior miners used authorized shares discretionary, and shareholders would NOT know until after the fact when they reported in quarter or annual earning report. And hopefully, MMGG management is not like that.