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 : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?


To: superdow who wrote (6776)10/20/1998 10:40:00 PM
From: Handshake™  Respond to of 25548
 
Thats a tough one...I don't even think they could answer that. A lot of scenarios would have to be ASSUMED. ie, whats happens if we win tomorrow and Chilean courts take a few months to order payments, what happens if gold prcies skyrocket, and so do junior mining stocks, what happens if debentures or another type of PP takes place, thus eliminating the need to dilute, yet some form of PP or debenture might include some shares on the back end or as an option, you can see many things could happen to change things almost overnight. I would think (my opinion..) that if they have to dilute it would be to meet those contractural obligations of when we bought properties, and or exercise options to buy, and to drill some holes. The amount of shares directly would correlate with the price of the stock, the higher we go, the least amount we have to sell.....
In my mind if they have to issue 2,5,10 million to prove this puppy I say lets go buy some puppy chow!!!!

:-)