posted on
Sep 11, 2008 01:56AM

Welcome To The Arian Silver HUB On AGORACOM
Advancing substantial silver and polymetal properties in Mexico

Message: Re: RAB
This is what I mentioned in one of my earlier postings. I mentioned that the mining sector may get hit more severely and in particular junior miners, because of RAB's fund being closed down. It seems to be happening already, so we may see some reslly weird moves that are fundamentally unexplainable. I have accepted that this would happen and that we as shareholders in junior miners will have to bite our tongues for the time being. Best is to sit & hold for the time being, because what's going on now is not in our control. Increasing the number of outstanding shares is the worst you can do now. It shows nothing but bad timing. If Arian had done this one year ago at much higher prices, the damage wouldn't have been so severe. Now the dilution will be substantial as you need a great number of shares to raise a bit of cash...
Loading...
Loading...
New Message
Please
login
to post a reply