Re: PP and reaction
in response to
by
posted on
Sep 21, 2010 03:25PM
Jim stated last spring that he would not expect to issue more shares to finance exploration, being confident that La Yesca would provide sufficient cash-flow for any needs. This 'sudden' PP may be seen as a sign that things may not go as expected. Winter is not so far ahead, and RoF SPQ-KWG JV's operatorship in 2011 will soon pump a few millions from the now unfilled UC's coffers... All expected a Mill-turning $$$ NR, and we got a PP, OS-diluting one instead... Market, you know, is a very sensible machine!
GLTA.
BaBe.