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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: maybe this dilution............

maybe this dilution............

posted on Dec 01, 2008 07:31PM

here is something to think about

dilution is never fun and today was a doozy non of us saw coming based on news releases, people meeting chad or the presentations

BUT

perhaps there is so MUCH gold at Helen and surrounding, that the millions of new shares will mean very little in the overall picture because the find is SO HUGE and it is better just to get at it sooner then later regardless of new shares put out

it is possible

reading detailed paperwork about cove/McCoy could certainly infer this is possible

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