HCH 1.59% 96.0¢ hot chili limited

Ann: $40M Arranged to Acquire Cortadera & Deliver Resource Growth, page-247

  1. 913 Posts.
    lightbulb Created with Sketch. 175
    WOW...the HCH threads have really become a joke over the past week!

    2 weeks ago everyone was ecstatic that Glencore, one of the biggest mining companies in the world, had come on board as a 9.9% partner. We all knew they'd come on board at 3.2c, and there was an additional cap raise at 3.2c. Everyone was loving it!

    Then in the past week, it's just non stop winging that the SP has pulled back a bit!

    Dilution is inevitable in small cap explorers, deal with it.

    If you don't think CE got the best deal he could at the time, to raise the funds the company needed to secure 100% ownership of Cortadera, and continue proving up our resource, then sell out and stop posting the same thing over and over 10 times a day.

    We get it, dillution is frustrating, but it's part of the spec mining space we invest in.

    Either get over it and look at the long term benefits of having Glencore onboard as a major shareholder/partner, or sell out.

    Rant over...
 
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