I gotta add here that at least they are still doing the best to look after share holders with the 1 for 4.
You can hate me for saying that but I do believe its the case.
they are not going to institutions: They are going to the shareholders with the 1 for 4 and not letting big money swoop in to dilute the living bejezus out of existing holders.
We are in the exploration game and we have no money.
I am still gutted but don't feel they had any choice.
The big wheel is turning slower than expected and there are not many levers we can pull to change this.
I dont feel there were many other options while we wait for Peru.
I am open to any tirades directed at me for this post. It's just my honest gut feel and rght now im trying to do my best to understand as well as possible an outcome which I find undesirable yet inevitable.
SB
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