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Gold/Mining/Energy : Copper Fox -- Ignore unavailable to you. Want to Upgrade?


To: HALT who wrote (8771)12/17/2014 8:59:45 PM
From: minder1 Recommendation

Recommended By
dsikorsk

  Respond to of 10654
 
consolidation is a desperation act of a company that has no other financing option but to "appear" more palatable at a higher share price. it rarely works out. but we're not there.
virtually 100% of all pps over the last few years were hogged by the maj. shareholder. I don't see him giving up at this critical stage. so further dilution? maybe by late next year w/pps taken by insiders, but consolidation? no, don't see the desperation requirement much less the advantage to anyone, except the lawyers like you just mentioned.



To: HALT who wrote (8771)12/17/2014 9:00:52 PM
From: explorationguy5 Recommendations

Recommended By
dsikorsk
Hog Head
minder
Underhill69
Zep70

  Read Replies (2) | Respond to of 10654
 
Consolidation and/or dilution are real risks that juniors face when they run out of cash. I think the risk to CUU is relatively low right now but will continually increase through next year until we see solid indications that SC or Van Dyke can be monetized. I doubt Elmer, or anyone running a junior, is going to discuss hypothetical situations involving future plans over the phone or even in person. Right now we want some clear guidance on the plan for SC.